Abstract

Many ecological and environmental economists take a microeconomic approach to envi­ronmental valuation and view the macroeconomy as an amalgam of firms whose primary task is to efficiently allocate scarce resources. In this framework, replacing freely provided ecosystem services with costly human-provided substitutes is by definition inefficient. Although destroying and replacing the free gifts of nature can sometimes be an economic benefit, in the case of apple-tree pollination in Maoxian County, China, the positive economic benefits do not justify eliminating the natural processes. To the contrary, the Maoxian case illustrates the danger of allowing the logic of the market and its apologetic models to drive conservation policy. The conflict between the market economy and the natural world must be recognized and addressed in a more substantial way. The bees of Maoxian County are a parable for the relationship between humans and the natural world and show clearly the danger of leaving the fate of nature to the whims of the markets even if prices are “corrected.”