Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Options, sustainability policy and the spontaneous order.
AU - Foster, John
PY - 2005/2
Y1 - 2005/2
N2 - This paper examines the implications for sustainability policy of environmental uncertainty and indeterminacy, and relates the associated problems with a conventional understanding of sustainable development to Hayek's critique of collective planning. It suggests that the appropriate recourse is not, however, a Hayekian endorsement of the free market, but an extension of his key idea of spontaneous order to characterise the learning society. The argument is illustrated by a practical application: the analysis of natural capital explored in this Special Issue is shown to be directly relevant to the improvement of the UK's headline sustainability indicators package.
AB - This paper examines the implications for sustainability policy of environmental uncertainty and indeterminacy, and relates the associated problems with a conventional understanding of sustainable development to Hayek's critique of collective planning. It suggests that the appropriate recourse is not, however, a Hayekian endorsement of the free market, but an extension of his key idea of spontaneous order to characterise the learning society. The argument is illustrated by a practical application: the analysis of natural capital explored in this Special Issue is shown to be directly relevant to the improvement of the UK's headline sustainability indicators package.
U2 - 10.1080/1350462042000328785
DO - 10.1080/1350462042000328785
M3 - Journal article
VL - 11
SP - 115
EP - 135
JO - Environmental Education Research
JF - Environmental Education Research
SN - 1469-5871
IS - 1
ER -