Accounting for Sustainability A Dissenting Opinion.docVIP

Sustainability 2011, 3, 1341-1356; doi:10.3390/su3091341 OPEN ACCESS sustainability ISSN 2071-1050 /journal/sustainability Article Accounting for Sustainability: A Dissenting Opinion Robert D. Cairns Department of Economics, McGill University, 855 Sherbrooke St. W., Montreal QC H3A 2T7, Canada; E-Mail: robert.cairns@mcgill.ca; Tel.: +1-514-398-3660; Fax: +1-514-398-4938 Received: 5 August 2011; in revised form: 21 August 2011 / Accepted: 25 August 2011 / Published: 29 August 2011 Abstract: Discounted-utilitarian welfare, the commonest social objective studied by economists, is