conservatism

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Conservatism

The philosophy that what has been done should continue to be done as long as there is not a positive reason to change it. Conservatives may favor class distinctions as natural, or at least not harmful. In modern times, conservatism has become associated with the political right, or the belief that capitalism and the free market tend to best determine how an economy ought to be organized.

conservatism

or

prudence

see ACCOUNTING CONCEPTS.
References in periodicals archive ?
But it isn't married to the term, says Alonso Aguirre, director for conservation medicine at Wildlife Trust and senior editor of the first book covering the issue, Conservation Medicine: Ecological Health in Practice, published in October 2002.
When staff are preparing grant proposals that involve the scanning of artifacts, it is extremely important to take into account the cost of conservation work or rehousing supply purchases.
The debate over conservation spending opens that question, exposing tensions between enfranchised commodity interests and the potential new claimants on those resources, and laying the groundwork for more debate over the most effective, balanced way to support American farmers and ranchers.
Biologists "ought properly to address the conservation of evolutionarily significant units (ESUs) within species," Ryder declared 14 years ago.
Anybody who does the math has to conclude that we get more bang for our buck with conservation," says Sargent.
The most promising ventures involve innovative partnerships among conservation groups, timber managers, and landowners, often TIMOs.
State and federal conservation agencies see the banks as a good thing and even refer developers who are grappling with the Endangered Species Act to banks like the one Vulcan owns.
Because many threatened forests lie along international boundaries, international cooperation will often be necessary to achieve a particular conservation objective.
A more forward-looking philosophy concerning special collections conservation, however, is the view of a collection as a whole, of what has become known as collections conservation.
We need also to think of forest conservation and wildlife conservation, and not just for the sake of hunting and fishing, but because our woodlands are economically precious and because farming depends on nature's processes and its health.
The Great Valley Conservation Bank will help strike a balance between the need to protect vital diminishing environmental resources and the continued growth of the Central Valley.
New appointments to England s Areas of Outstanding Natural Beauty (AONB) Conservation Boards.

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