Introduction -- The historical framework -- The geography of commodity production and trade -- Comparative advantage and the trade policy distortions -- The fossil fuels -- Price formation and price trends in commodities -- Commodity booms -- The commodity exchanges, commodity investments and...

What is the nature of biodiversity as an economic commodity and why does it matter? How would its conservation contribute economically to our well being? I consider three issues: Why is biodiversity important from an economic perspective? What kind of commodity is it? Does our usual economic...