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Tuesday 4 January 2011

Unit 1: Trees; Public & Private goods!

An Excellent article from Nancy Folbre an economics professor at the University of Massachusetts, provides a beautifully clear explanation of the economics of deforestation and the tragedy of the commons.

A superb article to print out and use when studying the motives of individuals within society and ideas for how social norms and local institutions really do matter when putting together policies to reduce global deforestation.

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