Economics of the Endangered Species Act

  title={Economics of the Endangered Species Act},
  author={Gardner M. Brown and Jason F. Shogren and B He},
T he Endangered Species Act of 1973 addresses the market failure associated with the unpriced social benefits of such species. Robert Barnwell Roosevelt might have been envisioning such an act in his 1865 book Superior Fishing, where he wrote: ‘‘By these means can the seductive little beauties, whether of the feathered, furred, or scaly tribe . . . be preserved through endless time in undiminished abundance, furnishing the incentive that leads us away from our dull books or wearying cares, the… CONTINUE READING