4 ms·
Who determines the value of nature? Would you be satisfied letting a market do that, instead of a centralized authority? The fact that “money” is still involve
by guscost 6y ago
Who determines the value of nature? Would you be satisfied letting a market do that, instead of a centralized authority?
The fact that “money” is still involved has nothing to do with this argument. Even the Soviet Union issued currency.
- TT3351 6y agoYou can actually quantify the specific impact that loss of shoreline has on tourism, fishing etc.
- oblio 6y agoWhat determines the value of anything? We do it the same way we do with everything else: > The economy of the United States is that of a highly developed country with a mixed economy > A mixed economy is variously defined as an economic system blending elements of a market economy with elements of a planned economy, free markets with state interventionism, or private enterprise with public enterprise. Getting back to your question: We establish a market for this, guided/corrected by state intervention if and when needed.