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07-03 "Economists, Value Judgments, and Climate Change: A View from Feminist Economics"


  • Julie A. Nelson


A number of recent discussions about ethical issues in climate change, as engaged in by economists, have focused on the value of the parameter representing the rate of time preference within models of optimal growth. This essay examines many economists’ antipathy to serious discussion of ethical matters, and suggests that the avoidance of questions of intergenerational equity is related to another set of value judgments concerning the quality and objectivity of economic practice. Using insights from feminist philosophy of science and research on high reliability organizations, this essay argues that a more ethically transparent, real-world-oriented, and flexible economic practice would lead to more strongly objective, reliable, and useful knowledge.

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  • Julie A. Nelson, "undated". "07-03 "Economists, Value Judgments, and Climate Change: A View from Feminist Economics"," GDAE Working Papers 07-03, GDAE, Tufts University.
  • Handle: RePEc:dae:daepap:07-03

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    References listed on IDEAS

    1. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2004. "Will the U.S. productivity resurgence continue?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 10(Dec).
    2. Kevin P. Gallagher & Francisco Aguayo & Ana Citlalic González, "undated". "01-07 "Dirt is in the Eye of the Beholder: The World Bank Air Pollution Intensities for Mexico"," GDAE Working Papers 01-07, GDAE, Tufts University.
    3. William D. Nordhaus, 2006. "The "Stern Review" on the Economics of Climate Change," NBER Working Papers 12741, National Bureau of Economic Research, Inc.
    4. Harris, Jonathan M. & Kennedy, Scott, 1999. "Carrying capacity in agriculture: global and regional issues," Ecological Economics, Elsevier, vol. 29(3), pages 443-461, June.
    5. Ekins, Paul & Simon, Sandrine & Deutsch, Lisa & Folke, Carl & De Groot, Rudolf, 2003. "A framework for the practical application of the concepts of critical natural capital and strong sustainability," Ecological Economics, Elsevier, vol. 44(2-3), pages 165-185, March.
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