Oct 26, 2007

A.C. Pigou on resource depletion (1932)

It is the clear duty of Government, which is the trustee for unborn generations as well as for its present citizens, to watch over, and if need be, by legislative enactment to defend, the exhaustible natural resources of the country from rash and reckless despoliation.

~ A. C. Pigou, The Economics of Welfare (1932)

No comments: