A “Physiocratic” Approach to Sustainability

Abstract

After looking at the physiocratic idea of production, examines the social process of “environmental economic engineering”, focused on sustainability of production. Gives attention to the role of technology in this process. Expresses sustainability criteria in the magnitudes time preference, depletion of natural stocks, population growth, and technical progress. It appears that technical progress must offset the other magnitudes mentioned.

Citation

Krabbe, J.J. (1993), "A “Physiocratic” Approach to Sustainability", International Journal of Social Economics, Vol. 20 No. 9, pp. 15-21. https://doi.org/10.1108/03068299310044344