We cannot rely on market mechanisms to ensure adequate conservation for future generations, however. The needs of future generations are so heavily discounted by markets that they hardly affect prices at all.

Question

Quizplus · Accepted Answer

Market mechanisms often fail to adequately account for the needs of future generations because they tend to discount future benefits and costs, leading to underinvestment in conservation and preservation of resources for future use.

We Cannot Rely on Market Mechanisms to Ensure Adequate Conservation