Abstract
In this chapter, I will elaborate on the nature of Pearce’s environmental economics. In the first section, I will explain that Pearce considers his environmental economics as both non-neutral and objective. Objectivity means, in line with the positive tradition of neo-classical economics, empirical validity. Contrary to the positive tradition, Pearce acknowledges that scientific objectivity does not imply neutrality. Nevertheless, he believes that the specific non-neutrality of his environmental economics is justified, i.e. does not contradict scientific objectivity, because the values underlying his non-neutral perspective are practically valid.
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© 2001 Springer Science+Business Media Dordrecht
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Deblonde, M. (2001). The Nature of Pearce’s Economics. In: Economics as a Political Muse. The International Library of Environmental, Agricultural and Food Ethics, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9767-8_6
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DOI: https://doi.org/10.1007/978-94-015-9767-8_6
Publisher Name: Springer, Dordrecht
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