I Would strongly reccomend to also have a deep look into ökological economics and biophysical economics. the Models of the behavior of our economy within our environement which in a way is nothing more but a mental construct for me is much better i think. The Economy is a fuly dependend subsystem of our ecosphere. and Ecological economics overcomes many shortcomes of standart economics, that in their mental models in far to many ways still is rooted to the world view of the 19th century. Using those old fundamental beleaves values and assumptions is inapropriate to bring us to a truly sustainable situation. if.. it is not allready to late for this.
Thank you so much! I am a sustInable development Masters student. Clears a lot of questions regarding my lecture! Thank you fir taking the time to create these!
The supply-demand graph has a problem in the real world. The problem is that price does not clear markets for nature. Nature has a zero production cost in terms of labor and capital goods. Nature does not (under most conditions) lose it functional utility. As prices for nature are increasing, there is a strong incentive to hold supply off the market, to speculate that future prices will be even much higher. Speculation in land is extremely powerful in towns and cities, where locations are essentially fixed in supply. The negative externalities can be signficantly reduced by imposition of a near-100 percent annual tax on the potential annual rental of locations, of tracts resource-laden land, and on natural assets with an inelastic supply.
Great video! Which puts also all wealth in ecological and ethical perspective. Rich people aren't the most ethical or ecological ones, but nowadays they are treated as if they were gods. Their money didn't pay their environmental and ecocidal catatsrophes, they should. And what about casino money and casino capitalism, and the environmental impacts?!
I am curious how the 'Donut' economic model theory integrates into (or opposes) environmental Economic theory. I am preparing a dissertation on these economic principles for a presentation to the Sierra Club. Any info would be helpful, thank you.
The supply and demand material is a bit too cursory unless you already know what these curves mean. And when the external costs are included (cheap labor btw is not an external cost), the social cost is typically modeled as shifting up, not up and left. These are minor points, but to really understand the graphical models, necessary imo
Tragedy of the Commons! well done..maybe a follow up video on some specifics of a developing versus a developed country in regards to their statistics of GDP, pollution, regulation, quality of life and global impact. For example Bangladesh or Honduras and the evolution f the textile industry or China for pretty much everything. Keep up the great job!
EKC is a very problematic model, from the econometrics, assumptions and the numerous dynamics not considered. For example, off shoring of pollution. The trickle down of environmental economics
Eat raw fish like the japanese, that doesn't pollute. Sail your boat the get the fish, that doesn't pollute. problem solved. No pollution in the sea other than fish bones that will be eaten and absorbed in the eco-system. Problem solved. Plant fish back in the sea to meet demands. It's called a blue planet and the largest biological entity is the ocean. Hope you like fish.
Wow learning has never been so early when gentleman share their wisdom like this .thnk u so much Sir .your lecture has covered my assignment .and problem solved .
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Can't believe my Prof needed 180 mins to explain this. Great vid!
I would definitely buy that bobblehead.
same
Hoping to have a masters in Environmental Economics.. Thank you for the short introduction, it was helpful indeed. Hope to see more videos on this.
Did you get it? How'd it go?
How did it go?
I Would strongly reccomend to also have a deep look into ökological economics and biophysical economics. the Models of the behavior of our economy within our environement which in a way is nothing more but a mental construct for me is much better i think.
The Economy is a fuly dependend subsystem of our ecosphere. and Ecological economics overcomes many shortcomes of standart economics, that in their mental models in far to many ways still is rooted to the world view of the 19th century.
Using those old fundamental beleaves values and assumptions is inapropriate to bring us to a truly sustainable situation. if.. it is not allready to late for this.
Just graduated from MSc in Environmental Economics. This video is great! Thank you!
lestatBGD Do you have any job prospects yet?
Congratulations!
I am from India, I have paper of this subject in 4 hrs. Thankyou for this video.
This is the summary of the whole course. Thanks a lot for this outstanding lecture.
Thank you so much! I am a sustInable development Masters student. Clears a lot of questions regarding my lecture! Thank you fir taking the time to create these!
Learned about as much in 9 min as i have in a month in my Enviro. Econ. class at St Cloud State. Thanks
Starting a degree in energy security and climate change....Ur videos help alot
EXCELLENT VIDEO, I liked how you explained this topic in a video of less tan 10 minutes.
It's hard to know what the environmental costs are. Some people put them wildly high and others wildly low.
Thank you for this well explained video on environmental economics.
Clear, consistent, interesting explanation! Very useful for my BSc dissertation!
This is enlightenment. Thanks so much
This vedio really helps me to revise introduction to environmental economics. Thanks!☺
You do an amazing Job at explaining thing Its helped me a lot on test.
really helped me understand this concept for my AP environmental exam, thank you!
Sarah what did you grt
Awesome video :D Very helpful in my essay writing in environmental law. Love from Sweden
The supply-demand graph has a problem in the real world. The problem is that price does not clear markets for nature. Nature has a zero production cost in terms of labor and capital goods. Nature does not (under most conditions) lose it functional utility. As prices for nature are increasing, there is a strong incentive to hold supply off the market, to speculate that future prices will be even much higher. Speculation in land is extremely powerful in towns and cities, where locations are essentially fixed in supply. The negative externalities can be signficantly reduced by imposition of a near-100 percent annual tax on the potential annual rental of locations, of tracts resource-laden land, and on natural assets with an inelastic supply.
It is good to see our check cleared! Hope we can continue to do business; just tighten up your presentation.
Sincerely,
International Bankztaz
The video is awesome!
These vides are really helpful I think there really cool
This. Was. Amazing.
Awesome video. Got my concepts clear.
it gives me alot of idea in environmental economics. thank so much
I would very much like to see the fundamental difference between this aproach and the Öcological Economics.
Great video!
Which puts also all wealth in ecological and ethical perspective.
Rich people aren't the most ethical or ecological ones, but nowadays they are treated as if they were gods. Their money didn't pay their environmental and ecocidal catatsrophes, they should.
And what about casino money and casino capitalism, and the environmental impacts?!
very useful to understand the environmental economic
I am in 12th and I am binge-watching these so that I know what I will study for my major
Thank you, this was very helpful!
Thank you. Very helpful. And thank IMD network for sharing the link. :-)
it's superb....which inform us a lot about environment vs economy
I am curious how the 'Donut' economic model theory integrates into (or opposes) environmental Economic theory. I am preparing a dissertation on these economic principles for a presentation to the Sierra Club. Any info would be helpful, thank you.
The supply and demand material is a bit too cursory unless you already know what these curves mean. And when the external costs are included (cheap labor btw is not an external cost), the social cost is typically modeled as shifting up, not up and left. These are minor points, but to really understand the graphical models, necessary imo
good job, but how do we convince people with monetary power that returning ecosystem services and recycling wastes are the way things must be done?
Tragedy of the Commons! well done..maybe a follow up video on some specifics of a developing versus a developed country in regards to their statistics of GDP, pollution, regulation, quality of life and global impact. For example Bangladesh or Honduras and the evolution f the textile industry or China for pretty much everything.
Keep up the great job!
Great video!!! thank you so much
great explanation
Excellent video! thanks a lot.
Very interesting to learning 👍
Thank you sir❤.
That was helpful; thanks!
Good content...
Nice bobble head. You should make it your merchandise!
fantastic!
This was very interesting... Thanks!
Very helpful
learned a lot. great vid
Thanks!!!! Ur videos r so interesting, continue to make them:)
thanks that was helpful. a really good video!
this is very good, but how?
what methods do you use to keep up productivity and retain a firms financial incentives while keeping the ecosystem clean
Thank you so much sir :) very helpful
Great Video!
Thankyou so much
Kuznets curve has particularly dejecting implications.
I'm pretty sure it's wrong, too. It's wishful thinking.
where can i buy that bobblehead?
Great video
very helpful thank you
Thanks!
very good
greatt💯
Oky, so, this is why apple has plants in developing countries?
yea
Wow ♥️👍🏻
Who's here from Mr.Bohannon's Class
EKC is a very problematic model, from the econometrics, assumptions and the numerous dynamics not considered. For example, off shoring of pollution. The trickle down of environmental economics
I must buy all the bobbleheads
Ms.T whack for making me watch this
Eat raw fish like the japanese, that doesn't pollute. Sail your boat the get the fish, that doesn't pollute. problem solved. No pollution in the sea other than fish bones that will be eaten and absorbed in the eco-system. Problem solved. Plant fish back in the sea to meet demands. It's called a blue planet and the largest biological entity is the ocean. Hope you like fish.
Wow learning has never been so early when gentleman share their wisdom like this .thnk u so much Sir .your lecture has covered my assignment .and problem solved .
10*
u r speak so fast ....
🍔🍎