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The B.E. Journal of Theoretical Economics

Editor-in-Chief: Schipper, Burkhard

Ed. by Fong, Yuk-fai / Peeters, Ronald / Puzzello , Daniela / Rivas, Javier / Wenzelburger, Jan

IMPACT FACTOR 2017: 0.220
5-year IMPACT FACTOR: 0.328

CiteScore 2017: 0.28

SCImago Journal Rank (SJR) 2017: 0.181
Source Normalized Impact per Paper (SNIP) 2017: 0.459

Mathematical Citation Quotient (MCQ) 2017: 0.09

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Is Sustainable Development Compatible with Rawlsian Justice?

Francis E Raymond
Published Online: 2006-09-28 | DOI: https://doi.org/10.2202/1534-5971.1258

Does economic justice stymie economic development? This paper demonstrates that sustainability is compatible with Rawlsian intertemporal justice, even when considering human capital and natural resources. The methodology employed herein extends and amends previous works that (1) do not consider human capital or renewable resources, and (2) rely upon the application of standard Lagrangian methodology to a continuum of nonlinear constraints. This approach circumvents problems associated with earlier works by internalizing constraints and demonstrating two sufficient conditions which guarantee existence of a Rawlsian maximin path.

Keywords: endogenous growth; sustainability; Rawlsian maximin; intertemporal justice; renewable resources; nonrenewable resources

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Published Online: 2006-09-28

Citation Information: Contributions in Theoretical Economics, Volume 6, Issue 1, Pages 1–24, ISSN (Online) 1534-5971, DOI: https://doi.org/10.2202/1534-5971.1258.

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