The paper presents an impossibility theory, that micro-economics cannot consider environmental factors, and suggests that an analysis of the treatment of environment within economic theory reveals shortcomings in many areas of economics.The essential element in the consideration of environment...

This article returns to the debate on economic growth and the environment. It outlines two approaches to environment: the orthodox and the Austrian. The orthodox approach claims to be positivistic, and stresses objective functions. In fact positivism has an implied political theory, and...