Economics Dictionary of Arguments

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Mause I 403/404
Environmental protection/economic policy/economic theory: From an economic point of view, the environmental problems that still exist (...) do not lead to the demand for maximum environmental protection. From an economic point of view (...) the natural environment as such has no intrinsic value, but rather requires a reference to satisfaction of individual needs related to the use of environmental goods. Accordingly, the task of environmental policy is seen as supplying environmental goods for such uses that increase social welfare.
From this allocation-theoretical perspective, it is not the minimization of environmental damage, but the realization of an optimal level of environmental protection with consideration of all advantages and disadvantages of environmental protection measures that represents the fundamental objective of an economically expedient environmental policy (Feess und Seeliger 2013, p. 1f. (1); Endres 2000, p. 26 ff. (2)). See also Social Good.

1. Feess, Eberhard, und Andreas Seeliger, Umweltökonomie und Umweltpolitik, 4.ed. München 2013
2. Endres, Alfred, Umweltökonomie, 3. ed. Stuttgart: 2000.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Economic Theories
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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