Towards an Environmental Macroeconomics
Economic Analysis Review
View Archive InfoField | Value | |
Title |
Towards an Environmental Macroeconomics
Towards an Environmental Macroeconomics |
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Creator |
Daly, Herman E.
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Subject |
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Description |
Other than some incipient efforts at including environmental costs in national accounts there are no points of contact between tradifiod macroeconomics and the environment. This condition is explained in terms of Schumpeter's notion of pre-analytic visions: The economy as isolated flow of exchange value versus the economy as open subsystem of the finite ecosystem. From the second pre-analytic vision the first analytical questions that occur are: how big is the economic subsystem relative to the total ecosystem, and how big should it be? This is the macroeconomic question of optimal scale and needs to be clearly distinguished from the microeconomic question of optimal allocation.
Towards an Environmental Macroeconomics |
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Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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Contributor |
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Date |
2010-03-11
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://www.rae-ear.org/index.php/rae/article/view/257
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Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 5, No 2 (1990); 19-31
Revista de Análisis Económico – Economic Analysis Review; Vol 5, No 2 (1990); 19-31 0718-8870 0716-5927 |
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Language |
eng
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Relation |
http://www.rae-ear.org/index.php/rae/article/view/257/422
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