Suppose that there are great benefits from transgenic crops, including improved nutrition, longer life spans, reduced infant

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Suppose that there are great benefits from transgenic crops, including improved nutrition, longer life spans, reduced infant mortality, and the like. But also assume that there are environmental costs, e.g., in the form of some species that are made extinct because they cannot compete with the new transgenic species. Should the existence of some environmental costs outweigh all other benefits combined, regardless of how great those benefits are?

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The Economics of Public Issues

ISBN: 978-0134018973

19th edition

Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North

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