Ethics and economics : Lewis Gray and the conservation question



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Ramos Gorostiza, José Luis (2002) Ethics and economics : Lewis Gray and the conservation question. [ Documentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales; nº 06, 2002, ISSN: 2255-5471 ]

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Se estudia la obra "The economic possibilities of conservation" (1913) de L. C. Gray, que popularizó las ideas de American Conservation Movement. Esta obra se considera un antecedente del debate actual sobre los recursos naturales y el desarrollo sostenible.

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In “The Economic Possibilities of Conservation” [1913], Lewis Gray reinterpreted from an economic point of view the idea of conservation which had popularized the American Conservation Movement. He linked intergenerational equity and non-renewable resource extraction rate. Gray’s article can be considered as an antecedent of two significant debates in modern natural resource economics. On the one hand, it is a direct precedent of the environmental discussion about the meaning of discounting. On the other, it is an important element in the historical conformation of the sustainability debate.

Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Gray, Conservation, Natural resource economics, Discounting, Intergenerational equity.
Subjects:Social sciences > Economics > Economic development
Social sciences > Economics > Industrial organization
Social sciences > Sociology > Ecology
Social sciences > Economics > Economics
Series Name:Documentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales
ID Code:6768
Deposited On:30 Nov 2007
Last Modified:02 Nov 2015 10:59

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