Search Results for: Natural Resources As Capital

An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introductio

Natural capital is what nature provides to us for free. Renewables—like species—keep on coming, provided we do not drive them towards extinction. Non-renewa

Rapid economic development has been a boon to human well-being. It has lifted millions out of poverty, raised standards of living, and increased life expectanci

The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies

Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests,