Question

Unless otherwise indicated, an answer should be between 2 and 4 sentences, though you will not be penalized for writing more. Make sure to use Jim Boyce and Eban Goodstein’s arguments where applicable. You can disagree with those arguments if you like. If the meaning of any of the questions is unclear, feel free to ask me for clarification. Due Thursday at 5PM (week 1).

● How can the economy grow without an increase in pollution? (100-200 words)

● What is Political Economy?

● Why are “winners” generally able to impose costs on “losers”?

● Why might someone prefer to use “weak sustainability” instead of “strong sustainability”? (Goodstein Chapter 8) ● Why might someone prefer “strong sustainability”? (Ch. 8)

● Why is a clean environment considered a “public good”? (Ch. 3)

● What is Pareto efficiency? In the context of climate change, what are the consequences for fairness, equity, and the environment of relying on Pareto efficiency as a guide to action? (150-400 words)

Answer 1

The detailed answers are given below.

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