The Environment and Economic Decision Making

The way traditional economics measures the environment is a long standing problem. Very often, our progress through economic growth has often come at cost of the environment. Now, many have asked for a restructuring of our traditional economic values. We ask, is it time for us to include the environment within our economic world, and see it as an asset, rather than something to be exploited?

The Daily was joined by Carl Obst, an Honorary Research Fellow at the Melbourne Sustainable Society Institute.

 

Producer: Nicholas Wasiliev