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Additional info for Entropy, Environment and Resources: An Essay in Physico-Economics

Sample text

We note that some economists since RAMSAY (1928) have argued that 0> 0 is morally indefensible. We shall come back to this problem in Sect. 3 below. Finally we want to note that PLOURDE'S (1970) model really only analyzes the relationships between the regenerative power of the system (expressed in the form ofEq. 6) and the parameters A and 6 contained therein), the stock of resources, consumption, 12 PLOURDE (1970) derives these values by using the maximum principle of PONTRYAGIN. 13 The golden rule path is the path that allows maximal per capita consumption.

V (X~-1 16 A first clue as to the order of magnitude of wastes in an industrial society is given by the quantity of sewage sludge in sewage installations per capita and year. In Switzerland this amounted to 370 kg in 1980 (FAHMI 1981). 17 The waste per household in the Federal Republic of Germany per year was ca. 300 kg in 1986. g is mostly greater than 1 since, as a rule, the production of consumption goods already causes wastes and pollution. 26 1 An Introduction to Dynamic Models of the Environment Since ex, ~ > 1, D (t) rises exponentially.

In Switzerland this amounted to 370 kg in 1980 (FAHMI 1981). 17 The waste per household in the Federal Republic of Germany per year was ca. 300 kg in 1986. g is mostly greater than 1 since, as a rule, the production of consumption goods already causes wastes and pollution. 26 1 An Introduction to Dynamic Models of the Environment Since ex, ~ > 1, D (t) rises exponentially. This hypothetical development shows clearly how important it is not only to conserve the dissimilative capacity of the environment, but also to enhance it by investment, if possible.

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