Macroeconomic Monitor
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2015.10.08

Which protects nature better - government regulations or the free market?

Today, many species of plants and animals are threatened with extinction. It is widely believed that the main causes of this ecological tragedy are agricultural activities, construction and industrial pollutants. The facts say otherwise – the extinction of biological species is a natural process, not a new, anthropogenic phenomenon. Fossils show, for example, that most creatures that lived …

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