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[T]he real per capita income of the world now is about 7-8 times that of a century ago. If we proceed along an environmentally responsible path of gr… - Yew-Kwang Ng
" "[T]he real per capita income of the world now is about 7-8 times that of a century ago. If we proceed along an environmentally responsible path of growth, our great grandchildren in a century will have a real per capita income 5-6 times higher than our level now. Is it worth the risk of environmental disaster to disregard environmental protection now to try to grow a little faster? If this faster growth could be sustained, our great grandchildren would enjoy a real per capita income 7-8 times (instead of 5-6 times) higher than our level now. However, they may live in an environmentally horrible world or may well not have a chance to be born at all! The correct choice is obvious.
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About Yew-Kwang Ng
Yew-Kwang Ng (Chinese: 黄有光; born 1942) is a Malaysian-Australian economist. Ng is a Professor of Economics at Fudan University, Shanghai, and a Distinguished Fellow of the Academy of the Social Sciences in Australia. He has published in a variety of academic disciplines and is best known for his work in welfare economics.
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Alternative Names:
Huang Youguang
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Professor Yew-Kwang Ng
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Additional quotes by Yew-Kwang Ng
One way to see the unacceptability of welfare-independent rights is to ask the question ‘why Right X?’ to a very ultimate level. If the answer is ‘Right X because Y’, then one should ask ‘Why Y?’ For example, if the answer to ‘why free speech?’ is that people enjoy free speech, it is already not welfare-independent. If the answer is free speech deters dictatorship’, then we should ask, ‘Why is it desirable to deter dictatorship?’ If one presses hard enough with such questions, most people will eventually come up with a welfare-related answer.
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[W]hile the problem of interpersonal comparability of utility is a tricky one, it is not insoluble in principle. It is conceivable that, perhaps several hundred (or a thousand) years from now, neurology may have advanced to the stage where the level of happiness can be accurately correlated to some cerebral reaction that can be measured by a ‘eudaimonometer’. Hence the definition of social welfare [in terms of the sum total of individual happiness] is an objective definition, although the objects are the subjective feelings of individuals.
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