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Christian Gollier is professor of economics at the University of Toulouse and director of the Toulouse School of Economics. He is the author of The Economics of Risk and Time and the coauthor of Economic and Financial Decisions under Risk (Princeton).
Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change,...
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English
Description
For all of their focus on asset prices, financial economists rarely ask if assets are priced ethically-that is, if their prices are compatible with the public good. Yet in a world facing major, possibly catastrophic problems-global warming, for instance, and growing inequality-it is now more important than ever that we allocate capital to projects that will benefit society as a whole, not just today but far into the future. In this book, Christian...
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