{"product_id":"economics-of-the-environment-theory-and-policy-von-horst-siebert","title":"Economics of the Environment","description":"The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently bene- cent, she always works gratis. 1 David Ricardo This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at present environmental goods and services are no longer in ample supply. The environment fulfills many functions for the economy: it serves as a public-c- sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmental quality implies that the environment’s use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783642092879\"\u003e\u003ch3\u003eTheory and Policy\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783642092879","offer_id":39436791152733,"sku":"9783642092879","price":53.49,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/f2f50d32-73c5-437d-9a96-9c34632b8a40.jpg?v=1778134363","url":"https:\/\/shop.autorenwelt.de\/products\/economics-of-the-environment-theory-and-policy-von-horst-siebert","provider":"Autorenwelt Shop","version":"1.0","type":"link"}