November 20, 2005

EH - 45 Economic Commons

Given the volume of ships that cross our seas, it is quite amazing that this doesn't happen more often. Or maybe it does and they just don't tell us about it. A few years back, a ship broke up here on the coast of Oregon - I have seen photos of that clean-up. Dan Wright describes why we all need to be ecologists and populists in addition to economists - all three facets balance and when one aspect screws up, the other two pay.

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