In this week\u2019s episode, host Kristin Hayes talks with Spencer Banzhaf, a professor at North Carolina State University, about the history of the field of environmental economics. Banzhaf discusses the development of the economic definition of value, the early influence of agricultural economists in government, the origins of Resources for the Future and its contributions to the field, and how the field of environmental economics may evolve moving forward.\n\nReferences and recommendations:\n\n\u201cPricing the Priceless: A History of Environmental Economics\u201d by H. Spencer Banzhaf; https://www.cambridge.org/core/books/pricing-the-priceless/417AAD8A445E8B64BAD6BC201D2F2163\n\n\u201cScarcity\u201d by Fredrik Albritton Jonsson and Carl Wennerlind; https://www.hup.harvard.edu/books/9780674987081\n\nBeethoven\u2019s Seventh Symphony; https://en.wikipedia.org/wiki/Symphony_No._7_(Beethoven)