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Buy and sell ecology?
Ecological resources are impacted by most things that industrial society does, yet these resources are not counted financially; instead, they are treated economically as infinite and free. Economists say that losses of natural resources are externalized, i.e., they are off the books—and this is, frankly, dishonest bookkeeping. Long-term preservation of nature will be most successful if natural resources are part of the economy.Our contention is that long-term preservation of nature will be most successful if natural resources are part of the economy. When ecological resources are brought into the economy, then they take on quantified financial value, and those who cause resource loss assume financial responsibility for their consumption. Services provided by ecosystems are pervasive and extremely expensive to replace, so preservation of ecosystem functions is a long term benefit to the overall economy. In most ecosystems, uninterrupted space is need for continuing proper ecosystem functioning. The ideas presented here, if implemented, would bring uninterrupted space into the economy in a way that would provide the space that ecosystems need. This may be a potent first step in implementing economic accounting that is ecologically honest.