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- W154209498 abstract "Environmentalists are wrongly accused of a no-growth bias when their real goal is growth that is socially and environmentally beneficial. The conventional matching of gross national product and net benefit overlooks intangible costs and benefits and the negative contribution of some economic activity. Efforts to assign numerical value to social values are complicated because it is difficult to measure the effects of noise, crowding, and health. Economic wealth is generally measured in hardware (plant and equipment) and some software (e.g., education) rather than in terms of extracting raw materials from the earth, processing and degrading them, and returning them as wastes and pollution. Environmentalists would measure economic wealth in terms of using materials, stressing recycling and reuse rather than consumption. Environmentalists look on economic pressure to reduce demand as a limiting of future resource opportunities. A tendency of people to discount the future in all activities carries over to their attitude toward resource depletion. Environmentalists seek to internalize pollution costs in the form of taxes, subsidies, etc., but disagreement arises over the difficulty of measuring and assigning costs. (DCK)" @default.
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- W154209498 date "1977-01-01" @default.
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- W154209498 title "Economic growth and environmental well-being" @default.
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