AbstractThis essay will not attempt to cover all the meanings of equity, but will proceed on the assumption of some common understandings of equality and fairness. It will first summarize briefly how the concept of equity has fared in the evolution of economic theory, from the classical economists of the 18th and 19th centuries, through the neoclassicals of the 20th. It will then focus on ways that ecological economics can once again provide a central place for equity. To do so is not simply a theoretical exercise. Values are involved – values that cannot help but have an impetus toward action. Some possible implications for action will be outlined.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 27906.
Date of creation: 2003
Date of revision:
history of economic thought; equity; equality; ecological economics; human values;
Find related papers by JEL classification:
- A1 - General Economics and Teaching - - General Economics
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
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- Daly, Herman E., 1987. "The economic growth debate: What some economists have learned but many have not," Journal of Environmental Economics and Management, Elsevier, vol. 14(4), pages 323-336, December.
- Goodwin, Neva R., 2000. "Development connections: The hedgerow model," MPRA Paper 28541, University Library of Munich, Germany.
- Goodwin, Neva, 1994. "A range of predictions for the future," Ecological Economics, Elsevier, vol. 10(1), pages 15-20, May.
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