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Riled Up is a journal of science, the environment, exploration, new technology, and related commentary.  Contributors include scientists, explorers, engineers, and others who provide perspectives and context not typically offered in general news circulation.  For interested readers, additional resources are included.

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Palau shows externalities matter

Traditional economics has always had problems dealing with externalities -- costs or benefits that are not included in the price for a good or service. A tree has "no value" economically unless it is turned into board feet and a tuna has none either unless it is turned into sushi. The price for the wood or the fish fillet does not include the services the two biological resources provide: hydrological and erosion control in the case of forests and ecosystem stability in the case of large ...
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