With the recent failings of our financial system, new economic models need to be considered. Bob Costanza and Jon Erickson from the University of Vermont?s Gund Institute explain the concepts of ecological economics ? a different framework to answer the age-old economic question: how do we allocate scarce resources to create alternative desirable ends? As a case study, the program explores a new interdisciplinary UVM study in the emerging science of biofuels.
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