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Essay / Research Paper Abstract
7 pages. This paper will examine articles by four different authors and compare and contrast some of their views regarding economics and environmental rationale. Herman Daly, Nicholas Roegen, Garret Hardin and Murray Bookchin have all written memorable articles on their opinions and ideas focussing on different aspects of economic and ecological issues. This interesting paper explains some of these views and compares them, in some cases, to those of the others. Bibliography lists 4 sources.
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7 pages (~225 words per page)
File: D0_JAecoeco.rtf
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Garret Hardin and Murray Bookchin have all written memorable articles on their opinions and ideas focussing on different aspects of economic and ecological issues. This interesting paper explains
some of these views and compares them, in some cases, to those of the others. COMPARE AND CONTRAST: DALY AND ROEGEN Herman Daly has some most interesting remarks to
make in his article entitled "Paradigms in Economics." Daly points out that in the early days of history countries would mine their land for precious metal; metal that in
itself was of no value except "as coinage" (Daly PG). And the paradigm herein was that it was the land that was valuable: for it was the land that
was full of the precious metal; and yet it was the metal that was considered valuable. Nicholas Georgescu Roegen has written, among other things, an article entitled "The Entropy Law
and the Economic Problem." In this he expounds on Dalys theory that ecology and economics are more closely related than past economic theorists have given credit. Roegen states
that "economic development through industrial abundance may be a blessing for us now but it is definitely against the interest of the human species as a whole" (PG). Roegen is
credited with coming up with the fourth law of thermodynamics in that whenever matter contacts matter, some will be made unavailable for future use. That some is wasted is
inevitable. Perhaps one of Roegens most telling statements is that nature plays an extremely important role in the study of economics. The two are so interconnected as to
be indistinguishable and inseparable. Roegen and Daly are wholly agreeable in their theories that nature and the economic process are inexplicably intertwined. Daly is more strident, however, in his
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