Why is it a good idea to estimate the dollar values of environmental benefits? To help with decision making about public investment in environmental projects,
read moreThe idea of putting dollar values on intangible environmental benefits seems to polarise people. At one end of the spectrum, some believe it’s of critical
read moreEverybody knows that as a good becomes scarcer, its price is likely to go up. Scarcity can be a natural phenomenon, or can be induced
read moreOne of the foundational concepts of economics is the idea of diminishing marginal benefits. In this post I argue that it applies to economics itself.
read moreThe costs of running effective environmental projects can be very high. In Australia I have observed that we often try to get away with running
read moreIn my early 20s I was in a rock band, The Bargains, playing the hotels of Perth. We got to be reasonably successful within the
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