The Ethics of Climate Change: Pay Now or Pay More Later?

Weighing our own prosperity against the chances that climate change will diminish the well-being of our grandchildren calls on economists to make hard ethical judgments

Climate change raises a number of ethical questions. How should we--all of us living today--evaluate the well-being of future generations, given that they are likely to have more material goods than we do? Many people, some living, others yet to be born, will die from the effects of climate change. Is each death equally bad? How bad are those deaths collectively? Many people will die before they bear children, so climate change will prevent the existence ... Full Story »

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by Fabrice Florin - Oct. 1, 2008
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