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A stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.
Discussion question to ask students:
How is managing the Mississippi like managing the whole society? How is it different?
Over the course of the three months, 145 levees would fail, and 27,000 square miles across ten states were put underwater.
Why should nature be taken into account when looking at the economy as a whole? A Bee's Invoice uncovers and incorporates the hidden value of natural capital in the measurement of our economy.
Prof. Steve Horwitz addresses the common belief that the world is running out of natural resources. Instead, there are economic reasons why we will never run out of many resources