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Economics And The Future

Economics And The Future

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  • ISBN:9781843767558
  • Editorial: Edward Elgar
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:208
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Discounting is a perennial problem for economists; it is an essential component of assessing economic comparisons over time but a number of practical and theoretical difficulties continue to confront its use. In addition, discounting is perhaps the area of economics that generates the most disquiet and confusion from outside the discipline. This book tackles the discounting issue from a number of angles, ranging from relatively short-term private financial decisions, to very long-term public issues spanning generations. The authors present reviews, differing perspectives and original ideas in a style that remains accessible while addressing some of the most difficult issues around discounting in theory and practice.

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