This essay concerns the economic decisions we make about the environment. It also concerns our political decisions about the environment. Some people have suggested that ideally these should be the same, that all environmental problems are problems in distribution.... This approach to environmental policy is pitched entirely at the level of the consumer. It is his or her values that count, and the measure of these values is the individual's willingness to pay.
"At the Shrine of Our Lady of Fatima: Or, Why Political Questions are Not all Economic"