Category: Environmental Economics
Understand environmental economics by reading this article. There is worldwide recognition that natural resources are finite. Hence, if used improperly, resources become scarce and finally get exhausted through time. Anything …
Should urbanization and development always be greeted with open arms? Here’s a personal account of the externalities of urban development. Early this morning, as I try to enjoy the …
What motivates people to conserve or protect natural resources? Is it always the economic incentive? Read on to find out. The previous days with a documentary film crew brought …
The resolution of unfair distribution of wealth entails cost. This situation is referred to as transaction cost. This article explores the meaning of transaction cost and clarifies this concept …
What is resource allocation? How is it practiced? What are suggested solutions to ensure fair distribution of wealth? Here’s an analysis of a recent case. Resource allocation has always …