Warning: Undefined array key "visitor_referer_type" in /var/www/vhosts/wordinf.com/core/app/libraries/Core.php on line 98
Partha Dasgupta - In the quantitative models that...
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. (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.

Partha Dasgupta

Related topics

appear assumption economics factor leading nature problem production take wrong degradable

Related quotes

When nature removes a great man, people explore the horizon for a successor but none comes, and none will. His class is extinguished with him. In some other and quite different field, the next man will appear. View quote
Ralph Waldo Emerson
Muhammadan law in its relation to women, is a pattern to European law. Look back to the history of Islam, and you will find that women have often taken leading places - on the throne, in the battle-field, in politics, in literature, poetry, etc. View quote
Annie Besant
It is not enough just to identify a problem; there are plenty of people who were very skilled at pointing out what was wrong with the world, but they were not always so adept at working out how these things could be righted. View quote
Alexander McCall Smith
And so, you can do hundreds and hundreds of studies showing a general factor and just so long as you restrict your populations, your testing materials and the kinds of situations you look at, you can keep finding the same wrong thing again and again. View quote
Robert Sternberg
Our great democracies still tend to think that a stupid man is more likely to be honest than a clever man, and our politicians take advantage of this prejudice by pretending to be even more stupid than nature made them. View quote
Bertrand Russell