Show simple item record

dc.contributor.authorSaunders, Caroline M.en
dc.contributor.authorEmanuelsson, M.en
dc.date.accessioned2013-08-20T03:15:20Z
dc.date.issued2005-02en
dc.identifier.urihttps://hdl.handle.net/10182/5602
dc.description.abstractThe primary interest of an economist is the allocation of scarce resources to satisfy infinite“wants”, and several theories on how this can be done has been developed. The mostprominent and well known of these theories are Marxism and the neo-classical approach.The dominating theme in the post war economics has been financial growth and until the1960’s, environmental concerns were of secondary importance. From then and onwards, agrowing awareness of the social and environmental costs of financial growth has fuelled anongoing debate and contributed to approaches in economics that explicitly recognises socialand environmental aspects of the economic context.Also these “new” theories differ in the way they propose society should go about allocatingour scarce resources to different uses. However, in our opinion, they share a commonobjective, i.e. to maximize societies welfare, with welfare very broadly defined, definitelyincluding such things as clean air and nice views as well as financial aspects.en
dc.format.extent1-41en
dc.language.isoenen
dc.publisherAgriculture Research Group on Sustainabilityen
dc.relationThe original publication is available from - Agriculture Research Group on Sustainability - http://hdl.handle.net/10182/5602en
dc.relation.ispartofseriesARGOS publicationsen
dc.rightsCopyright © The Authorsen
dc.subjectresearch rationaleen
dc.subjectenvironmental economicsen
dc.subjectsocial economicsen
dc.subjectnatural resource economicsen
dc.subjectsocial welfareen
dc.titleResearch rationale for the economic objective, ARGOSen
dc.typeWorking Paper
lu.contributor.unitLincoln Universityen
lu.contributor.unitAgribusiness and Economics Research Uniten
lu.contributor.unitResearch Management Officeen
lu.contributor.unit/LU/Research Management Office/2018 PBRF Staff groupen
dc.subject.anzsrc140201 Agricultural Economicsen
pubs.organisational-group/LU
pubs.organisational-group/LU/Agribusiness & Economics Research Unit
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/2018 PBRF Staff group
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://hdl.handle.net/10182/5602en
dc.publisher.placeLincoln, Canterburyen
lu.identifier.orcid0000-0001-6394-4947


Files in this item

Default Thumbnail

This item appears in the following Collection(s)

Show simple item record