In green economics, value of Earth is the ultimate in ecosystem valuation, and important to value of life calculations. It begins with the simple problem that if the Earth ceases to support life, and human life does not continue elsewhere, all economic activity will also cease.
Read more about Value Of Earth: Methods of Estimation, Replacement Methods, Purpose in Economic Risk Assessment
Famous quotes containing the word earth:
“I would rather sit on a pumpkin and have it all to myself than be crowded on a velvet cushion. I would rather ride on earth in an ox cart, with a free circulation, than go to heaven in the fancy car of an excursion train and breathe a malaria all the way.”
—Henry David Thoreau (1817–1862)