Open Ended Discussion:

Evaluate the relative willingness and ability of governments and private citizens to take into account the future consequences of their actions.

- Do the reservation prices and decisions of people now living take any account of the

demands of future generations for natural resources? Do these decisions take adequate

account of the demand of future generations?

- Is the government likely to take better account of the well-being of future generations?

In light of the economic principles of government and your own reflections, evaluate the contention that the government must serve as the steward of natural resources for future generations. Explain your reasoning.