The natural environment poses a problem for economic theory


The natural environment poses a problem for economic theory. Even if we accept, for the sake of argument, that the free market serves employer and employee, buyer and seller, equally, the environment may be harmed by market transactions.

The air and water can suffer. Economists call this the problem of externalities.

What does sustainable enterprise mean and are there any?

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Business Economics: The natural environment poses a problem for economic theory
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