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Alfred Marshall, Evolutionary Economics and Climate Change: Raffaelli Lecture

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Abstract

The way in which any topic is analysed in economics depends on methodological approach. The purpose here is to explore the argument that the way in which climate change is addressed depends on how economics is understood to relate to the physical environment and also to the social and ethical environment. This involves an exploration of the formation of knowledge, both in economics and in the economy. Alfred Marshall’s evolutionary approach to knowledge formation was central to his approach to economics and to his understanding of economic behaviour. Here we consider the application of Marshall’s approach to issues around climate change, through the lens of the subsequent development of evolutionary economics and ecological economics.

Suggested Citation

  • Sheila Dow, 2020. "Alfred Marshall, Evolutionary Economics and Climate Change: Raffaelli Lecture," Department Discussion Papers 2001, Department of Economics, University of Victoria.
    • Handle: RePEc:vic:vicddp:2001
    Note: ISSN 1914-2838 JEL Classifications: B31,B52,Q54,Q57
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    File URL: https://www.uvic.ca/socialsciences/economics/_assets/docs/discussion/ddp2001.pdf
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    Keywords

    Alfred Marshall; evolutionary economics; environmental economics; ecological economics;
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