June 24, 2011

Valuing Ecosystem Services is Difficult and Controversial

Lynne Kiesling I find two things especially intriguing about environmental economics. One is the pervasiveness of ill-defined property rights as causes of environmental issues, and how it opens up one’s thinking to look at environmental issues as challenges of ill-defined property rights. Another is the tension between the anthropocentric nature of environmental economics (and economics …

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Enlightened Economic History: Honoring Joel Mokyr

Lynne Kiesling Earlier this week on Twitter Tim Harford asked “Should economic students learn more econ history? … I learned none, feel poorer as a result.” Naturally, my immediate answer to that question was “Yes. Next question?” The cliché reason, avoiding the mistakes of the past, is only the first of the reasons to learn …

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