Frugality and the Intrinsic Value of Nature

Integral Ecology and Sustainable Business

ISBN: 978-1-78714-464-4, eISBN: 978-1-78714-463-7

ISSN: 1572-8323

Publication date: 6 September 2017

Abstract

Mainstream economics fails to acknowledge the intrinsic value of nature. It is happy to put value on environmental goods and services merely on the basis of a market value determined by competing economic actors. But price, for sure, is an inappropriate model for assessing the value of natural entities. There is no algorithmic solution to nature’s allocation problems. Decisions and policies related to nature require making qualitative and multiperspective considerations and the proper use of our wisdom, knowledge, and experience.

Keywords

Citation

Zsolnai, L. (2017), "Frugality and the Intrinsic Value of Nature", Integral Ecology and Sustainable Business (Contributions to Conflict Management, Peace Economics and Development, Vol. 26), Emerald Publishing Limited, pp. 67-76. https://doi.org/10.1108/S1572-832320170000026005

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Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited

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