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sustainability with that of well-being. It starts with some commonly agreed definitions of sustainability, showing how most well …-being indicators tell us little if anything at all about this issue. Sustainability is most commonly defined in economics as non …-declining utility or well-being over time. Yet, due to its future orientation, most indicators of sustainability such as Genuine Savings …
Persistent link: https://www.econbiz.de/10010745092
Natural capital should be preserved because it exhibits features that distinguish it from all other kinds of capital. The notorious prevalence of risk, uncertainty and ignorance makes it difficult, however, to state which parts of it should be preserved. Some forms of natural capital are more...
Persistent link: https://www.econbiz.de/10010745428