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There is growing evidence to suggest that there is an increase in species extinction occurring globally. In this article, we briefly review the literature on the economics of species extinction, examining what is meant by extinction before explaining how economics has conceptualised this. The initial economics literature on species extinction focuses largely on renewable resources, in particular fisheries, but has subsequently evolved to cover many aspects of biodiversity across all physical scales, employing an increasing array of methodological tools. We also consider aspects of cultural and societal extinctions (e.g. local languages, local knowledge) and how this is positively correlated with loss of biodiversity, as well as an economist's outlook on the potential to re-capture value post-extinction. [ABSTRACT FROM AUTHOR]

This article explores some of the main bibliographical dimensions of economic literature at a time when there was much interest in economic matters but no discipline of economics. By looking at what was published in the round much economic literature is shown to be short, ephemeral, unacknowledged, polemical, and legislatively orientated. This fluidity is underscored by the uncertaintities about what constituted key works of economic literature and by the failure of attempts to make sense of that literature through dictionaries and histories. Economic literature in the period was, consequently, more unstable and uncertain than has often been acknowledged. It cannot, therefore, be simply characterized as either ‘mercantilist’ or nascent ‘political economy’. [ABSTRACT FROM AUTHOR]