Technical Note: Ethical Economics
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J. Blodgett (2014), JBIS, 67, pp.145-146
Refcode: 2014.67.145
Keywords: Ethical economics, Space settlement, Schumacher, Externalities, Time value of money, Expected value, Intermediate objectives
Abstract:
Ethical economics is inspirational, expanding our vision beyond the narrow self-interest of the theoretical economic man. Ethical economics sees more value in space settlement than conventional economic calculations that can inappropriately discount the value of the future.