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Chapter 1: The Big Picture. Market Failure : Can We Trust the Free Market?. What you don’t know can hurt you. Competition underpins efficiency. Side effects matter. Free riders cause the underprovision of public goods. Waste and Recycling : Where Can We Put It All?.
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Market Failure: Can We Trust the Free Market? • What you don’t know can hurt you. • Competition underpins efficiency. • Side effects matter. • Free riders cause the underprovision of public goods.
Sustainable Development: How Long Can This Last?
Biodiversity: What Is a Flamingo Worth?
Environmental Degradation: How Much Pollution is Too Much?
Alternative Energy Sources: Why aren’t they here?
Population and Economic Growth: Are We Doomed to Starvation?
Natural Resource Management: When Should I Harvest My Elms?
Environmental Ethics: What can we do? What must we do? What should we do?