But these solutions may be missing something fundamental, according to Partha Dasgupta, an economist at the University of Cambridge. DealBook spoke with Dasgupta about updating economics to account for nature. “Asset management is a very well understood phenomenon,” Dasgupta said. The services of nature are interconnected, and “they can be brought down like a house of cards,” he said. Policymakers often assume that a few tweaks and some human ingenuity will allow for infinite goods and growth; Dasgupta does not.

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Persons: Partha Dasgupta, Dasgupta, DealBook, ” Dasgupta, Biden, ”, “ Organizations: University of Cambridge Locations: British