Greenwood, D. 2008. Non-market coordination: towards an ecological response to Austrian economics. Environmental Values. 17 (4), pp. 521-541. https://doi.org/10.3197/096327108X368520
| Title | Non-market coordination: towards an ecological response to Austrian economics |
|---|---|
| Type | Journal article |
| Authors | Greenwood, D. |
| Abstract | Although the ecological tradition tends to favour a substantive role for non-market institutions in securing objectives such as environmental sustainability, Green theorists have paid relatively little attention to the important challenge posed to such proposals by the pro-market arguments of Austrian economics. The methods of ecological economics, such as multiple criteria evaluation, offer important potential for responding to the Austrian thesis that democratic, non-market institutions face a coordination problem in the face of complexity. However, the development of an adequate ecological response to the Austrians requires clarification of the conceptual underpinnings and potential scope of such methods. |
| Keywords | Valuation, markets, commensurability, multiple criteria analysis, complexity |
| Journal | Environmental Values |
| Journal citation | 17 (4), pp. 521-541 |
| ISSN | 0963-2719 |
| Year | Nov 2008 |
| Publisher | White Horse Press |
| Digital Object Identifier (DOI) | https://doi.org/10.3197/096327108X368520 |
| Publication dates | |
| Published | Nov 2008 |
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