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Economics, Ethics and Environmental Problems
Sveriges lantbruksuniversitet, Sweden. (Ekonomi för hållbar utveckling)ORCID iD: 0000-0003-2689-819X
1986 (English)In: Journal of Interdisciplinary Economics, ISSN 0260-1079, E-ISSN 2321-5305, Vol. 1, no 3, 139-153 p.Article in journal (Refereed) Published
Abstract [en]

The relevance and usefulness of mainstream or neoclassical economics has been questioned more in some fields of inquiry than in others. Against the background of an attempt to characterize environmental problems, the fruitfulness of conventional ideas of economic analysis, as carried out inpractice in the form of cost-benefit analysis is questioned. Alternative approaches judged to be more compatible with environmental problems are indicated.

It is argued that cost-benefit analysis represents a closed ethic or ideology and that approaches which open the way for various possible ethical or ideological standpoints are more promising. Different principles of resource allocation or housekeeping should be considered and the idea of only one "scientifically correct" or "true" principle abandoned. Non-monetary principles of housekeeping, such as specific versions of ecological ethics, are not "less economic" than the now dominant monetary principles.

Place, publisher, year, edition, pages
A B Academic Publishers , 1986. Vol. 1, no 3, 139-153 p.
Keyword [en]
environmental problems, ethics, economics, monetary reductionism
National Category
Social Sciences Environmental Sciences
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-29112DOI: 10.1177/02601079X8600100303OAI: oai:DiVA.org:mdh-29112DiVA: diva2:856249
Projects
ekonomi för hållbar utveckling
Available from: 2015-09-23 Created: 2015-09-23 Last updated: 2015-10-12Bibliographically approved

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