Category Archives: economics

It’s new moon: a goat must be sacrificed

Some random musings on natural capital. Sacrifice may have been a way for societies to avoid creating ecological debt. Ecological debt is another way of describing the damage to nature inflicted by human activity. Arguably ecological debt starts when modern … Continue reading

Posted in ecological debt, economics, Natural Capital, sacrifice | Tagged , , , | 9 Comments

Natural Capital, Greshams Law and the Tainted Altruism Effect

I am in two minds whether to buy Tony Juniper’s new book, What nature does for Britain. On the one hand I think it will be well written and entertaining with lots of good examples of positive action for nature. … Continue reading

Posted in economics, ecosystem services, Natural Capital, Uncategorized | Tagged , , , | 22 Comments

Forget Gross Domestic Product, we need to measure Gross Natural Product

        Trading Floor at The New York Stock Exchange 1963   We have now had four and a half years of austerity, of seeing our public services, and more widely, the public realm in Britain being cut … Continue reading

Posted in economics, neoliberalism, Uncategorized | Tagged , , | 4 Comments