This appeared a few weeks ago, and looked at the externalities of Development It was a bit like Chipko movement in Delhi earlier this week. Hundreds of citizens turned up to hug trees and protest the felling of almost 17,000 to create homes for government officials and commercial complexes. Although a court in Delhi has placed a stay on chopping of trees for now, the event once again raises the eternal conundrum of development – how do you develop without damaging the environment (too much)? There is an environmental cost attached to development. This is not a modern phenomenon. When the first hunter gatherers
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