Are we consuming too much?

Kenneth Arrow, Partha Dasgupta, Lawrence Goulder, Gretchen Daily, Paul Ehrlich, Geoffrey Heal, Simon Levin, Karl Göran Mäler, Stephen Schneider, David Starrett, Brian Walker

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In the presence of technological change, output and consumption could rise, and thus intertemporal social welfare V could increase, even if aggregate investment in terms of manufactured, human and natural capital were negative. How can we take such changes into account in assessing changes in intertemporal social welfare, V?.

Original languageEnglish (US)
Title of host publicationSustainability
PublisherTaylor and Francis
Pages357-382
Number of pages26
ISBN (Electronic)9781351896603
ISBN (Print)9780754628170
DOIs
StatePublished - Jan 1 2017

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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  • Cite this

    Arrow, K., Dasgupta, P., Goulder, L., Daily, G., Ehrlich, P., Heal, G., Levin, S., Mäler, K. G., Schneider, S., Starrett, D., & Walker, B. (2017). Are we consuming too much? In Sustainability (pp. 357-382). Taylor and Francis. https://doi.org/10.4324/9781315241951-32