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As proposals for estimating the social scarcity prices of natural resources remain contentious, economic accountants ignore them and governments remain wary of doing anything about them.

— Partha Dasgupta Partha Dasgupta (2007)

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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.

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Quote text and notes from Wikiquote: Partha Dasgupta (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.