As proposals for estimating the social scarcity prices of natural resources remain contentious, economic accountants ignore them and governments rema… - Partha Dasgupta

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As proposals for estimating the social scarcity prices of natural resources remain contentious, economic accountants ignore them and governments remain wary of doing anything about them.

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About Partha Dasgupta

Sir Partha Sarathi Dasgupta (born 17 November 1942) is a British ecological economist, and Professor Emeritus of Economics at the University of Cambridge, United Kingdom.

Also Known As

Alternative Names: Partha Sarathi Dasgupta • Partha S. Dasgupta • Sir Partha Sarathi Dasgupta
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Additional quotes by Partha Dasgupta

In the quantitative models that appear in leading economics journals and textbooks, nature is taken to be a fixed, indestructible factor of production. The problem with the assumption is that it is wrong: nature consists of degradable resources.
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