Ethics and economics: Lewis Gray and the conservation question.

• Autores: José Luis Ramos Gorostiza
• Localización: Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales, ISSN-e 2255-5471, Nº. 6, 2002, 24 págs.
• Idioma: español
• Enlaces
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• 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.