- Cafe Hayek - https://cafehayek.com -

Quotation of the Day…

Tweet [1]

… is from page 254 of Mark Pennington’s excellent 2011 book, Robust Political Economy [2]:

Rising living standards and life expectancy require that some environmental resources are sacrificed in order to create the material well-being that may then enable people to place a higher value on the remaining stock of ecological assets.