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It is like keeping meticulous household accounts without worrying that you
are chopping up the furniture for firewood. Most national financial accounts
are hot on trading balances and GDP, but ignore the state of natural capital
assets. Strange, when most depend on forests and fish stocks, soil fertility
and clean water to survive. Taking Nature Into Account edited by Wouter van
Dieren (Copernicus/Springer-Verlag, £9.95/$17/DM 24 ISBN 0 387
94533 4) is a pioneering effort by economists to redress the
balance.