Ethics and economicsLewis Gray and the conservation question.
ISSN: 2255-5471
Año de publicación: 2002
Número: 6
Tipo: Documento de Trabajo
Otras publicaciones en: Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales
Resumen
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.