ESTB01H3 Lecture Notes - Lecture 10: Ecosystem Management, Jean-François Lyotard, Carbon Bubble
Document Summary
The measure of all things: everythign is seen through human eyes. In 9 billion years, time will still have a value but not a lot: like no one will care cause its so far away. For econ: 30 years is the max. W/o an expanding circuit of time evolution would not occur. Ex. boreal forest is not an organism yet it hasn"t had time to connect all the trees yet you"d need years upon years. Most of the early coins was about paying off mercenaries. You can be here and send something to another place in the world: money gives an exchange with time and products. The plateau is the biological rotation rate: the economist wanted to cut down the trees @ the inflection point max. profits, the foresters wanted to cut @ plateau, don"t need to know the eqns. Discounting: how we perceive time and how we value nature.
