Can Biodiversity Coexist with Food Production?

Watch Balancing Costa Rica's Farming With Preservation with Nature on PBS. See more from PBS NewsHour.

To my knowledge, there are no macroeconomic models that include measures of biodiversity. From the video above, it would seem to be a major omission. It's also interesting that Costa Rica is one of the first countries to recognize that biodiversity can coexist with food production. The question for this blog is how to include such measures (how to value Nature) in macro models, a topic I'll take up in future posts.