Saturday, December 4, 2010

Blog Assignment #4: Selection 33 (Summary)

At the Shrine of Our Lady Fatima or Why Political Questions Are Not All Economic
Mark Sagoff

Image from: Cafe Press

This essay talks about economic decisions we make about the environment and its connection with our political decisions about the environment.  Sagoff gets us to question about our values on everyday necessities and the values of nature.  He also seperates the consumers and citiezens as two different people; what we want as a consumer is not nesscessary what we want as a citizen.  He talks about, from his experience, how the two are very different from one another.  One of the examples he gave was, how he has an "Ecology Now" sticker on his car that leaks oil everywhere.  He also goe explains his cost benefit analysis and compaires it to regulations.  Sagoff also address the two types of approaches to public policy; the first one being a normative versions of welfare economics and the second being the Kantian approach.  He goes on to describe what the two approaches are in more details.

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