The Political Economy of the Environment: Problems of Method

  • Paul Streeten


A colleague of mine has a name for those whose heads are as soft as their hearts. He calls them Goody-Woollies. These Goody-Woollies have their fashions, and preserving the environment is currently a strong candidate for the top goody-woolly cause of the decade. As a reviewer of one of the flood of books on the subject pointed out, it has many of the ingredients beloved of women’s magazines — animals, a strong medical interest and a readily identifiable villain. It performs the difficult feat of appealing to the most advanced sociologists and to those who detest change in any form, to old women of both sexes and to the revolutionaries of unidentifiable sex, to the silent majority and the screaming minority, to the young swingers and the old danglers.


Political Economy Underdeveloped Country Investment Ratio Actuarial Risk General Equilibrium Analysis 
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  1. A. R. Prest and R. Turvey, ‘Cost-Benefit Analysis: A Survey’, Surveys of Economic Theory, vol.iii (Macmillan, 1966 ) p. 155.Google Scholar
  2. K. E. Boulding, ‘Economics as a Moral Science’, The American Economic Review, vol. lix no. 1 (Mar 1969).Google Scholar

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© Paul Streeten 1972

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  • Paul Streeten

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