Caring for Nature to be Happy

Photo by Elijah O'Donnell on Unsplash

The current trendy argument to conserve the environment is to estimate its monetary value. How much would you pay to keep this species alive? How long was your trip and how much gas did you buy to go hiking in this wonderful forest?

According to economists, estimating the monetary value of Nature is a way to get a common and well understood unit (e.g., $) to compare different products, services and systems…