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Between Scylla and Charybdis - on the place of economic methods and concepts within ecological economics

[working paper]

Strunz, Sebastian; Klauer, Bernd; Ring, Irene; Schiller, Johannes

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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-409621

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Corporate Editor Helmholtz-Zentrum für Umweltforschung - UFZ
Abstract Ecological Economics inherently faces a challenge akin to sailing between Scylla and Charybdis. In Greek mythology these are two monsters located on opposite sides of a narrow strait, and falling victim to one or other of them is unavoidable. In the recurring process of establishing and refining its conceptual foundations, Ecological Economics runs the risk of, on the one hand, losing important insights by trying to be radically different from mainstream economics and, on the other hand, becoming a redundant appendix to mainstream environmental economics by routinely applying its concepts and methods. We argue that avoiding both fallacies is possible by using Ecological Economics’ orientation towards sustainability as a guiding principle. The scientist’s power of judgment supports her decision concerning which methods are suitable for tackling a given sustainability problem. The intersubjective quality of judgment prevents the resulting methodological pluralism from drifting toward arbitrariness.
Keywords environmental economy; ecology; economic method; sustainability; example; ontology; economics; business ethics
Classification Basic Research, General Concepts and History of Economics; Ecology, Environment
Free Keywords ecological economics; methodological pluralism; power of judgment
Document language English
Publication Year 2014
City Leipzig
Page/Pages 19 p.
Series UFZ Discussion Papers, 26/2014
ISSN 1436-140X
Status Published Version
Licence Creative Commons - Attribution-NonCommercial-ShareAlike