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Published online by Cambridge University Press: 09 September 2016
What an economist argues about managing the hazards of new production technologies depends on that individual's beliefs about the scientific credibility of assessed risk of new technologies, about the meaning of voluntary risk and compensations, and about the meaning of “progress” and “nature.” None of these beliefs is derived from the core of the economics discipline. Indeed, the economist's arguments often rest not on economic considerations, but on these matters of belief that are established outside the discipline.