Value of Earth

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:

    Have We not made the earth as a cradle and the mountains as pegs? And We created you in pairs, and We appointed your sleep for a rest; and We appointed night for a garment, and We appointed day for a livelihood. And We have built above you seven strong ones, and We appointed a blazing lamp and have sent down out of the rain-clouds water cascading that We may bring forth thereby grain and plants, and gardens luxuriant.
    —Qur’An. “The Tiding,” 78:6-16, trans. by Arthur J. Arberry (1955)