On the November 26, 2007, edition of the EconTalk podcast, Daniel Botkin shared some fascinating insights about nature and its relationship with change.
Botkin highlighted a crucial aspect: most species have evolved and adapted to change over time. They rely on change for their survival and well-being. The assumption of a steady state, where everything remains constant, goes against the very needs of these species.
His observation extends beyond climate change. For instance, in certain forests, the vegetation has evolved to withstand and even thrive after wildfires. When we interfere by preventing natural fires from playing their role in the wilderness, we unwittingly disrupt the balance of nature. Botkin's point is that our perception of what nature should be often influences our actions towards it, sometimes with detrimental consequences.
The EconTalk podcast series, featuring Russ Roberts and a variety of expert guests, covers diverse topics in economics. Many of these guests are economists specializing in specific fields. These hour-long podcasts offer a valuable opportunity to delve into economic discussions, so consider setting aside some time to explore the world of economics through their engaging conversations.