Valuing (far) future generations
The usual economic evaluation of future costs and benefits gives very little importance to what happens in one century and after. This does not square well with our collective concern for the long-term future of humanity at a time of mounting environmental, social and political crises. Is the economic approach fundamentally flawed? Do “dismal theorems” justify throwing away standard cost-benefit analysis? This lecture will revisit the underpinning normative concepts of evaluation of growth paths and long-term uncertainty.
Date:
11 June 2019, 15:00 (Tuesday, 7th week, Trinity 2019)
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Lecture Theatre
Speaker:
Prof Marc Fleurbaey (University of Princeton )
Organising department:
Faculty of Philosophy
Organiser:
Prof Hilary Greaves (University of Oxford)
Organiser contact email address:
gpi-office@philosophy.ox.ac.uk
Booking required?:
Not required
Audience:
Public
Editor:
Alexander Holness-Tofts
