On the Combined Use of Economic and Physical Concepts

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Abstract
Interdisciplinary co-operation on economic issues related to resource depletion and environmental degradation is made difficult by the differences in terminology between economics and the natural sciences. This short article is intended to make the reader aware of this type of problems by describing aspects of some important examples. In particular we discuss the differences in meaning of the terms “production”, “consumption” and “growth” in different disciplinary contexts. Often, correctly specifying what it is that is produced, consumed or growing is sufficient to avoid problems of miss-interpretations in interdisciplinary dialogues.

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