The Environment as an Input to Production and as a Provider of Amenities

Richard M. Robinson ()
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Richard M. Robinson: SUNY Fredonia

Chapter 8 in Business Ethics and the Environment, 2025, pp 145-176 from Springer

Abstract: Abstract The rhetoric of welfare analysis concerning the often-cited hypothetical tradeoffs of environmental amenities versus industrial production is analyzed here. These tradeoffs also pertain to the problems of equity for future generations and people at distance. A Rawlsian analysis of these equity problems is presented as an ethical solution. The rhetoric of the “Coase Theorem,” and its weakness, forms a substantial component of this notion of welfare efficiency as reviewed here. The cost–benefit analysis for government-provided environmental-related projects is also reviewed, and this includes the methodology for current evaluation of impacts on our environmental quality. An appendix concerning utilitarian philosophy, its logical difficulties, and its place in the rhetoric of environmental discourse is also presented.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-032-04137-1_8

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DOI: 10.1007/978-3-032-04137-1_8

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