Transgenerational Equity and Natural Resources

Abstract

From Introduction:

"Increasing attention is being paid to matters of equity. At the level of discussion 'decisions' can produce psychic benefits while iqnorinq the reality checks of costs. At this level it is harmless. At the level of action, however, we should be more careful.

"Attention to equity is found in those intellectual areas where we expect it, i.e., in the fringe whose outer limits of sanity are demarcated by the CoEvaluation Quarterly. Of greater potential interest, however, a substantial number of mainstream academies also consider the issue. Included in the latter category are K. Boulding, F. Hirsh (Social Limits to Growth), R. Nisbet (Twilight of Authority) and D. Bell (Cultural Contradictions of Capitalism)."