Environmental Econ: Crash Course Economics #22
So, if economics is about choices and how we use our resources, econ probably has a lot to say about the environment, right? Right! In simple terms, pollution is just a market failure. The...
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Adriene: Welcome to Crash Course Economics. I’m Adriene Hill Jacob: And I’m Jacob Clifford. Economics is about choices, and how we use our scarce resources. It’s not just about producing and consuming, it can also be about conserving. Adriene: Maybe counterintuitively, economics has a lot to add to discussions of how we can balance our desire for prosperity and growth, with the need to protect our natural resources. Today we're going to look at environmental economics and think about how economics can help us keep our planet livable. [Theme Music] Pollution is going to happen, it’s a by-product of human existence and there is no way that we can get rid of it all. In fact, one of the ways we know about earliest the societies is by looking at their...
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Adriene: Welcome to Crash Course Economics. I’m Adriene Hill Jacob: And I’m Jacob Clifford. Economics is about choices, and how we use our scarce resources. It’s not just about producing and consuming, it can also be about conserving. Adriene: Maybe counterintuitively, economics has a lot to add to discussions of how we can balance our desire for prosperity and growth, with the need to protect our natural resources. Today we're going to look at environmental economics and think about how economics can help us keep our planet livable. [Theme Music] Pollution is going to happen, it’s a by-product of human existence and there is no way that we can get rid of it all. In fact, one of the ways we know about earliest the societies is by looking at their...
