At 04:33 PM 4/10/2007, gerhaush wrote:

>  and also I am rather
>skeptical of the idea that species loss per se has much of an economic
>effect on human welfare (as opposed to the effect exerted by people
>knowing that species have been lost).

You also might want to watch this video of biologist E.O. Wilson
discussing biodiversity:

http://www.ted.com/tedprize/winners2007.cfm
TED Prize 2007: The Winners

Watch Wilson video Online:
http://www.ted.com/tedtalks/tedtalksplayer.cfm?key=e_wilson

Download Video:
http://ted.streamguys.net/ted_wilson_e_2007.zip

Watch this talk in High Resolution (480P):
http://ted.streamguys.net/ted_wilson_e_2007_480.mov


Another example:

http://news.yahoo.com/s/afp/20070407/ts_alt_afp/sciencenaturebeesus_070407020928
Mysterious disappearance of US bees creating a buzz

excerpt:
     "The pollination work of honey bees increases the yield and
     quality of United States crops by approximately 15 billion
     dollars annually including six billion in California," Brandi said.

Do you think extinction of bees would have no economic effect on
human welfare?  Maybe you think it would be a good thing to
eliminate all those pesky bees?  No more annoying bee stings!

Jim


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