Economics of Environmental Quality: An Ecological Perspective
Harold B. Jones
AbstractThis paper examines the nature of man's balance point with environmental forces in the ecological complex. Balancing social costs with market returns within the context of an ecosystem that is increasingly dominated by man's organizations and institutions requires a reassessment of the role of the socio-cultural framework that has been imposed on the biotic system. Several factors that will influence the level of environmental quality are discussed: geographic considerations, family-kinship systems, the planning horizon of society, the type of economic system adopted, and the value system of people.
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