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    Robert Solow's view of intergenerational equity

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    2. Summarize in your own words Robert Solow's view of using substitutability in applying intergenerational equity to environmental policy. Do you agree with this view? Why or why not?

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    https://brainmass.com/economics/microeconomics/robert-solows-view-intergenerational-equity-132812

    Solution Preview

    Robert Solow's view of sustainability is essentially one of fungibility. In other words, we don't necessarily have to focus on a single type of capital; different types of capital can substitute for each other, allowing future generations to obtain the same standard of living which we enjoy today. In his own words:

    "The duty imposed by sustainability is to bequeath to posterity not any particular ...

    Solution Summary

    The expert summarizes Robert Solow's views of using substitutability in applying intergenerational equity to environmental policy.

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