Georgescu-Roegen's work is usually divided into two categories, his earlier work on consumer and production theory and his later concern with entropy and bioeconomics beginning with his 1966 introductory essay to his collected theoretical papers published in the volume Analytical Economics. Most...

As the debate about the meaning of sustainable development matures, the links between environmental and social sustainability are becoming clearer. Environmental degradation frequently leads to social instability and vice-versa. Recent studies of past civilizations show a disturbing and...

As the debate about the meaning of sustainable development matures, the links between environmental and social sustainability are becoming clearer. Environmental degradation frequently leads to social instability and vice-versa. Recent studies of past civilizations show a disturbing and...

Operating within the framework of conventional welfare economics, the sustainability debate has become mired in sterile discussions about the "proper" discount rate and the "true" degree of substitutability between various forms of economic capital. This paper suggests abandoning the...

Operating within the framework of conventional welfare economics, the sustainability debate has become mired in sterile discussions about the "proper" discount rate and the "true" degree of substitutability between various forms of economic capital. This paper suggests abandoning the...