On Natural Capital: The Value of the World Around Us
The economist who put a price on nature, on why leaving it out of the accounts guarantees we spend it.
Partha Dasgupta condenses the argument of his much longer review for the UK Treasury: that the natural world is an asset like any other, that national accounts do not record its depletion, and that the omission makes destroying it look like growth. This is the short, readable version, written for people who will never open the full report.
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Tyler Cowen
Partha Dasgupta, On Natural Capital: The Value of the World Around Us, is a popular summary of some of his thinking on valuing the environment and natural resources.
Source · March 2026
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