« Another Strictly Businews?! Yup! | Main | Job Hunting During the Recession »
Friday
Apr292011

Beloved Earth Day

Sorry about the apparent hiatus. This week I spent most of my time trying to get over a pretty rough head cold. All is well and I am back on track though. Thanks for the patience and sticking with me. Now on to what I really wanted to share with all of you in the beginning of this past week. 

This weekend I had the amazing opportunity to be a part of a great event. Beloved Earth Day happened pretty locally in Easthampton, MA and drew attention from all over Massachusetts. I even had the opportunity to be a speaker - my topic Resource Economics. First a little about the event. Within one of the best mill-building-to-office renovations I’ve seen the East Works housed lots of vendors and booths around featuring local sustainable and green businesses. There was also some open space with chairs and a projector for listeners to come in and join the festivities. Speakers ran on the hour all day long and covered a real spectrum of green/sustainability and from both the left and right sides of the brain. I even have some video from the presentations made by the day’s event creators/organizers. *That will be posted as soon as I am done editing them together right here at the bottom of this post*

Such a great local business! On to Resource or Environmental Economics. First a little definition - Resource economics deals with the allocation and scarcity of Earth’s resources. It deals with how we, as a global community, interact with the world around us - issues around sustainability and how businesses and consumers affect the world around them. It’s almost like Ecology meets Economics.

So some of the basics. Everything has a cost or price. There are monetary values associated with consuming these resources on a micro level (from vendor to buyer) then there are larger costs associated with the direct and indirect impacts on the global environment of using those resources. Think about it: timber, fish, oil, and precious minerals all have costs or are assigned value based on their levels of scarcity. How much do strawberries cost when they are “out of season” right?! Well what about the impact on the environments that aren’t being re-forested fast enough to make up for the used timber, or fisheries that are over fished and ecosystems are further hurt as those species of fish had a function that their diminished populations can no longer fulfil. Those are costs that aren’t factored into just the scarcity or the ease of cultivation when you are buying your finished products from retailers. What resource economists try to do is figure out how to create sustainable situations where the impact on the larger global ecological systems aren’t injured beyond repair due to the increasing levels of demand and consumption of a growing global population.

Economists use modeling and try to apply traditional analysis to help us better understand our impacts on the global community. Natural resources are finite and exhaustible for the most part. It’s important to understand how we, as consumers, can impact the greater world around us on micro and macro scales. Efforts in moving away from paleo-resources and into perpetual ones are quite the hot topic these days. It’s great to see schools like the University of Massachusetts awarding grants to students to further research in sustainable and renewable technologies. Everything from how we consume to the polymers that go into what we consume.

It’s really interesting when you try to bring it down to the hyper micro scale. I tried to encourage listeners that day to engage with local and home grown types of vendors as often as possible. I know it might bot be pure sustainability but the externalities of the goods and services you will use will be minimized. You are also keeping money flowing in your own local economies. Could mean that more people might be hired, or that those vendors will spend and save in other local places that might lower local interest rates, increase the frequency of loanable funds available, or even just lower the foreclosure rate by allowing people the means to pay their mortgages.

This whole experience was really an eye opener for me. 

 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (4)

Great comments, Nunzio! And thanks again for being such a big supporter of the event! It wouldn't have been the same without you.

April 29, 2011 | Unregistered CommenterTerra Missildine

46
Coach Factory Outlet
Coach Factory Outlet Online
Discount Coach Purses
Coach Outlet Online Store
Coach Outlet Store Online
Coach Outlet Coupon
Coach Bags
Coach Outlet Coupons
Cheap Coach Purses
Coach Outlet
Coach Factory Store
Coach Factory
Coach Outlet
Coach Purses On Sale
Coach Outlet Coupons
Coach Purses Outlet Online
Coach Outlet Coupon
Coach Outlet Store Online
Coach Purse Outlet
Coach Outlet Online Store
Coach Outlet Online
Coach Outlet Store Online
Coach Factory Outlet Online
Coach Outlet Store Online
Coach Bags
Coach Outlet Store
Coach Outlet Store
Coach Factory Outlet Online
Coach Factory Outlet
Coach Bags Outlet
Coach Factory Online
Coach Factory Online
Coach Outlet Store Online
Coach Bag
Cheap Coach Bags
Coach Factory
Coach Online Store
Coach Bag
Coach Purses Outlet
Coach Factory Store
Coach Factory Outlet
Coach Purse Outlet
Coach Outlet Online
Coach Bags Outlet
Coach Outlet Stores
Coach Purses
Coach Outlet Online Store
Coach Factory Outlet
Coach Factory Outlet
Coach Outlet
Coach Purse Outlet
Cheap Coach Bags
Coach Purse Outlet Online
Coach Factory Outlet Store
Coach Outlet Online Store
Coach Store Online
Coach Outlet Stores
Coach Factory Store Online
Coach Outlet Coupon
Coach Purses
Coach Outlet Stores
Coach Factory Store Online
Coach Outlet Online
Coach Outlet Online
Coach Outlet
Coach Outlet
Coach Factory Outlet Online
Coach Outlets
Coach Outlet
Coach Factory Outlet
Coach Factory Outlet Online
Coach Purses Outlet
Coach Factory Online
Coach Outlet Store
Coach Outlet Store Online
Coach Outlet Online Store
Coach Outlet Online
Coach Outlet Stores Online
Coach Factory Outlet Online
Coach Outlet Store
Cheap Coach Purses
Coach Bags On Sale
Coach Factory Store
Coach Factory Outlet
Coach Purses For Cheap
Coach Purses Outlet Online
Coach Factory Outlet Store
Coach Outlet
Coach Purses Outlet
Coach Factory Outlet Online
Coach Factory Outlet Store
Coach Factory Outlet

January 7, 2012 | Unregistered CommenterCoach Factory Outlet

<h1>cheap designer bags</h1> To force promotion
<h1>cheap designer handbags</h1> Pack bag
<h1>nike shox r4</h1> Different response
<h1>super street</h1> Do not hesitate
<h1>mario shoes</h1> quality
<h1>air max tn</h1> Price satisfaction
<h1>cheap puma shoes</h1> Fashion classic new
<h1>cheap gucci shoes</h1> Popular brands
<h1>gucci shoes cheap</h1> Christmas Maijiu
<h1>louis vuitton handbags outlet</h1> Different respons
<h1>air max 90</h1> most allow you to just pick a favorite

January 12, 2012 | Unregistered Commenterfdghtr

<h1>authentic jerseys suppliers</h1> High quality
<h1>cheap coach bags</h1> Very nice
<h1>coach factory outlet</h1> comfortable and cheap
<h1>coach outlet store online</h1> The new discount <h1>coach outlet</h1> single product
<h1>coach handbags outlet</h1> Fast to buy
<h1>cheap designer handbags</h1> your style
<h1>coach outlet store online</h1> Popular brands
<h1>wholesale coach handbags</h1> Sell at a new fashion
<h1>cheap authentic jerseys</h1> for cheap
<h1>nfl jerseys suppliers</h1> A great feeling

January 12, 2012 | Unregistered Commenterhfghj

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>