TY - JOUR AU - Mueller, Charles C. PY - 1998/04/01 Y2 - 2024/03/29 TI - Evaluation of two trends in environmental economics: the neoclassical school and the economics of survival JF - Brazilian Journal of Political Economy JA - BJPE VL - 18 IS - 2 SE - DO - 10.1590/0101-31571998-1265 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1135 SP - 278-303 AB - <p>It is possible to evaluate the main schools of thought in environmental economics<br />based on a stylized view of sustainable development. This view considers that is sustainable<br />the development that assures: at least the maintenance of the level of well-being of the current<br />generation of inhabitants of the first world; an increase in the well-being of the present<br />generation inhabiting the poor countries; and, the ability of the future generations to maintain<br />or improve their well-being. ln principle, a school of thought in environmental economics should<br />consider these three aspects; however, some emphasize one, others stress another of these aspects.<br />Based on a framework founded on the above concept of sustainable development, the paper<br />presents an evaluation of two of these schools of thought: neoclassical environmental economics, emphasizing the short term and industrialized market economies; and a school which could be<br />termed the economy of survival, emphasizing the very long term. It begins with a discussion of<br />the recent insertion of the environmental dimension in economics, follows with a review of the<br />concept of sustainable development, which is adapted for the evaluation. It concludes with a<br />discussion of the main contribution of the two schools, and of the main contrasts between them.</p><p><strong>JEL Classification:</strong> B29; B21; B59; Q50.</p> ER -