Word: costanza
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...challenge is that our business institutions evolved at a time when nature seemed limitless; the idea of endless natural bounty is embedded within our national identity. "In the past, natural resources were abundant," says Robert Costanza, Director of the Gund Institute for Ecological Economics at the University of Vermont. "We've used up all the frontier. Those days are gone. People are recognizing this, but our institutions haven't caught up." So markets continue to ignore natural capital as if it's of no economic consequence...
According to Costanza, we need different institutions for managing natural capital because of its "public good" aspects. For example, there are systems of payments for ecosystem services, such as compensating farmers who plant trees for carbon sequestration. These could be embedded in common asset trusts, set up to assign property rights to the community rather than private hands. Those who damage ecosystem services would be charged, while those whose land produces services could be paid. Economic incentives can encourage people to preserve natural assets. For example, in Costa Rica U.S. pharmaceutical companies are paying landowners to conserve their properties - essentially...
Okay, here’s what I’m thinking: a big old beached whale wants to leave the beach again. A wizard comes to help. A coal miner empathizes. A local marine biologist, perhaps George Costanza, wants to take the whale home, but doesn’t know how to do it, as he isn’t interested in taking it in a box or a bag. Honestly, your guess is as good as mine. Check the YouTube “misheard” lyrics for a pretty astute play by play...
...House has outdone them all with a nine-foot aluminum pole. The unadorned pole is one of the many trappings of the secular holiday Festivus, popularized by the sitcom “Seinfeld” during a 1997 episode entitled “The Strike.” Frank Costanza, father of the recurring character George Costanza, claims to have invented the holiday as a protest against the commercialization of Christmas. “A Festivus for the rest of us,” as Frank proclaims, has led real-life Cabot to hold an annual celebration...
When in Rome, reserve for lunch or risk going hungry. Everyone I've sent to the enoteca (wine bar) lunch spot Bleve (Via Santa Maria del Pianto) or the more elaborate Costanza (Piazza del Paradiso) has been forever grateful. On a grander scale, for dinner, there is the multistarred La Pergola (Cavalieri Hilton, Via Cadlolo 101), where Heinz Beck provides a gastronomic feast while diners overlook the city in all its splendor...