Society, Politics & Law
Pluralism in Economics: inequalities, innovation, environment
...paradox’ (Korhonen et al, 2018). This was first raised by William Stanley Jevons, a British economist (1835-1882) who was, in the nineteenth century, concerned about the sustainability of the nation’s stocks of coal. The essence of the paradox is that, as technology improves, the cost of a resource (such as coal) falls, stimulating extra demand, and so the gains in...
Level 2: Intermediate
15 hrs