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Update

The UTSA Institute for Economic Development is open for business.
Each of our small business service centers are available to you during this difficult and unexpected time.
One-on-one confidential consulting will continue. We are available to assist you by email, phone, or video conference.
Some traditional classroom-based training/events will be available electronically.
For SBA Economic Injury Disaster Loan information, go directly to www.sba.gov/disaster

Reconciling Ecosystem Services with Economic Theory and Policy

Reconciling Ecosystem Services with Economic Theory and Policy

Neoclassical economic theory, which has come to dominate much of the policymaking world,reduces the factors of production to labor and capital. The link between land — or more generally natural capital and ecosystem services – with economy has effectively been severed by neoclassical economic thought. In that aftermath, both policymakers and academics understandably struggle to synthesize economic theory and the environmental sink in a systematic fashion. Read the full article here