Future generations can cast neither votes in current elections nor dollars in current market decisions. Therefore, it
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“Future generations can cast neither votes in current elections nor dollars in current market decisions. Therefore, it should not come as a surprise to anyone that the interests in future generations are ignored in a market economy.”
Discuss.
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The statement highlights a key issue in conventional economic practices namely the lack of longterm foresight or regard for future generations as they ...View the full answer
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Related Book For
Environmental And Natural Resources Economics
ISBN: 9780131392571
9th Edition
Authors: Tom Tietenberg
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