1996, English, Article edition: Pigou and future generations: a Cambridge tradition Collard, David

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Physical Description
  • text/​html
Published
  • Oxford University Press
  • 1996-09-01 00:00:00.0
Language
  • English

Edition details

Title
  • Pigou and future generations: a Cambridge tradition
Author
  • Collard, David
Published
  • Oxford University Press
  • 1996-09-01 00:00:00.0
Physical Description
  • text/​html
Subjects
Notes
  • In The Economics of Welfare and elsewhere Pigou took the view that future people should be treated equally with present people. He stressed our defective telescopic faculty, mortallity and weak linkages over time and argued that the present generation would consequently devote too few resources to investment, particularly in human capital. He linked his argument with the then contemporary controversies about natural resource conservation and about eugenics. This ‘Cambridge tradition’ holds that issues of generational justice leave an important role for the state and cannot be resolved simply at the level of the individual or the family.
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  • Copyright (C) 1996, Cambridge Political Economy Society
Language
  • English
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