How Should We Discount the Future? An Environmental Perspective

Michael Young and Darla Hatton MacDonald

Chapter 9 in Economics and the Future, 2006 from Edward Elgar Publishing

Abstract: Economics and the Future tackles the discounting issue from a number of angles, ranging from relatively short-term private financial decisions, to very long-term public issues spanning generations. The authors present differing perspectives and original ideas in a style that remains accessible while addressing some of the more difficult questions about discounting in theory and practice. It reveals that the economic issues regarding time are embedded in a broader social, ethical and philosophical context.

Keywords: Economics and Finance; Environment (search for similar items in EconPapers)
Date: 2006
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