Author: Herman E. Daly
Publisher: Edward Elgar Publishing
ISBN: 1847206948
Category : Business & Economics
Languages : en
Pages : 281
Book Description
This clear-thinking collection brings together 25 of Daly s essays, speeches, reviews and testimonials from the past decade. . . as a whole they provide a useful masterclass on the principles of ecological economics. Daly s vision, as well as his frustration with mainstream economists refusal to engage with his arguments, comes through loud and clear. New Scientist It s hard to imagine ecological economics without the numerous and profound contributions of Herman Daly. These papers reveal the consistency of his analysis and clarity of exposition that have made him one of the most influential economists of his generation. Because of Herman Daly we have a much better understanding of how economies relate to the environment, why so much is wrong with this relationship and what must be done to fix it. Peter Victor, York University, Canada This thrilling compilation outlines the origins of the young discipline of ecological economics by the intellectual leader of the movement, Herman Daly. He recounts how, as a member of the recently demoted environment department at the World Bank, he integrated ecology with economics during his six years in the bowels of the beast. Herman lucidly and compellingly combines common sense with profound understanding of both economics and ecology to arrive at sustainable solutions to the global problematique. Herman s rigorous yet compassionate solutions to climate change, peak oil, globalization vs. internationalization, poverty reduction, and the unsung concept of scale leading to uneconomic growth, are precisely what we need to prevent the current liquidation of our beautiful world. This book will galvanize you into the action we need so much. Robert Goodland, Environmental adviser, World Bank Group, 1978 2001 In this book, written in crystal clear style, Herman Daly reiterates the main points of his analysis and vision, he praises some teachers (John Ruskin, Frederick Soddy, Nicholas Georgescu-Roegen, Kenneth Boulding), he fearlessly attacks some adversaries in the World Bank and MIT, and he offers some advice to the government of his own country, to the Russian Duma, and especially to OPEC that, if followed, would change the world very much for the better. Finally, on a different line of thought, he interrogates conservation biologists on their reasons for wanting to keep biodiversity since, as biologists, they claim that evolution has no particular purpose. Why not let the Sixth Great Extinction run its course? In other words, science cannot provide an ethics of conservation, which Herman Daly finds in religion more than in democratization deliberations. Joan Martinez-Alier, Universitat Autonòma de Barcelona, Spain Ecological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly s ever-illuminating work. This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy one with deeper biophysical and ethical roots. Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above. This fascinating work will appeal to scholars and academics of ecol
Ecological Economics and Sustainable Development
Author: Herman E. Daly
Publisher: Edward Elgar Publishing
ISBN: 1847206948
Category : Business & Economics
Languages : en
Pages : 281
Book Description
This clear-thinking collection brings together 25 of Daly s essays, speeches, reviews and testimonials from the past decade. . . as a whole they provide a useful masterclass on the principles of ecological economics. Daly s vision, as well as his frustration with mainstream economists refusal to engage with his arguments, comes through loud and clear. New Scientist It s hard to imagine ecological economics without the numerous and profound contributions of Herman Daly. These papers reveal the consistency of his analysis and clarity of exposition that have made him one of the most influential economists of his generation. Because of Herman Daly we have a much better understanding of how economies relate to the environment, why so much is wrong with this relationship and what must be done to fix it. Peter Victor, York University, Canada This thrilling compilation outlines the origins of the young discipline of ecological economics by the intellectual leader of the movement, Herman Daly. He recounts how, as a member of the recently demoted environment department at the World Bank, he integrated ecology with economics during his six years in the bowels of the beast. Herman lucidly and compellingly combines common sense with profound understanding of both economics and ecology to arrive at sustainable solutions to the global problematique. Herman s rigorous yet compassionate solutions to climate change, peak oil, globalization vs. internationalization, poverty reduction, and the unsung concept of scale leading to uneconomic growth, are precisely what we need to prevent the current liquidation of our beautiful world. This book will galvanize you into the action we need so much. Robert Goodland, Environmental adviser, World Bank Group, 1978 2001 In this book, written in crystal clear style, Herman Daly reiterates the main points of his analysis and vision, he praises some teachers (John Ruskin, Frederick Soddy, Nicholas Georgescu-Roegen, Kenneth Boulding), he fearlessly attacks some adversaries in the World Bank and MIT, and he offers some advice to the government of his own country, to the Russian Duma, and especially to OPEC that, if followed, would change the world very much for the better. Finally, on a different line of thought, he interrogates conservation biologists on their reasons for wanting to keep biodiversity since, as biologists, they claim that evolution has no particular purpose. Why not let the Sixth Great Extinction run its course? In other words, science cannot provide an ethics of conservation, which Herman Daly finds in religion more than in democratization deliberations. Joan Martinez-Alier, Universitat Autonòma de Barcelona, Spain Ecological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly s ever-illuminating work. This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy one with deeper biophysical and ethical roots. Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above. This fascinating work will appeal to scholars and academics of ecol
Publisher: Edward Elgar Publishing
ISBN: 1847206948
Category : Business & Economics
Languages : en
Pages : 281
Book Description
This clear-thinking collection brings together 25 of Daly s essays, speeches, reviews and testimonials from the past decade. . . as a whole they provide a useful masterclass on the principles of ecological economics. Daly s vision, as well as his frustration with mainstream economists refusal to engage with his arguments, comes through loud and clear. New Scientist It s hard to imagine ecological economics without the numerous and profound contributions of Herman Daly. These papers reveal the consistency of his analysis and clarity of exposition that have made him one of the most influential economists of his generation. Because of Herman Daly we have a much better understanding of how economies relate to the environment, why so much is wrong with this relationship and what must be done to fix it. Peter Victor, York University, Canada This thrilling compilation outlines the origins of the young discipline of ecological economics by the intellectual leader of the movement, Herman Daly. He recounts how, as a member of the recently demoted environment department at the World Bank, he integrated ecology with economics during his six years in the bowels of the beast. Herman lucidly and compellingly combines common sense with profound understanding of both economics and ecology to arrive at sustainable solutions to the global problematique. Herman s rigorous yet compassionate solutions to climate change, peak oil, globalization vs. internationalization, poverty reduction, and the unsung concept of scale leading to uneconomic growth, are precisely what we need to prevent the current liquidation of our beautiful world. This book will galvanize you into the action we need so much. Robert Goodland, Environmental adviser, World Bank Group, 1978 2001 In this book, written in crystal clear style, Herman Daly reiterates the main points of his analysis and vision, he praises some teachers (John Ruskin, Frederick Soddy, Nicholas Georgescu-Roegen, Kenneth Boulding), he fearlessly attacks some adversaries in the World Bank and MIT, and he offers some advice to the government of his own country, to the Russian Duma, and especially to OPEC that, if followed, would change the world very much for the better. Finally, on a different line of thought, he interrogates conservation biologists on their reasons for wanting to keep biodiversity since, as biologists, they claim that evolution has no particular purpose. Why not let the Sixth Great Extinction run its course? In other words, science cannot provide an ethics of conservation, which Herman Daly finds in religion more than in democratization deliberations. Joan Martinez-Alier, Universitat Autonòma de Barcelona, Spain Ecological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly s ever-illuminating work. This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy one with deeper biophysical and ethical roots. Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above. This fascinating work will appeal to scholars and academics of ecol
Ecological Economics and Sustainable Development
Author: Jeroen C. J. M. van den Bergh
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
Book Description
The effectiveness and scope of operational analysis of sustainable development is explored in this book. It offers an integrated treatment of theory, methods and applications for economic-ecological analysis taking into consideration all the relationships between economy, development and natural environment.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
Book Description
The effectiveness and scope of operational analysis of sustainable development is explored in this book. It offers an integrated treatment of theory, methods and applications for economic-ecological analysis taking into consideration all the relationships between economy, development and natural environment.
Beyond Growth
Author: Herman E. Daly
Publisher: Beacon Press
ISBN: 0807047066
Category : Business & Economics
Languages : en
Pages : 265
Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Publisher: Beacon Press
ISBN: 0807047066
Category : Business & Economics
Languages : en
Pages : 265
Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Economic Growth and Sustainable Development
Author: Peter N. Hess
Publisher: Routledge
ISBN: 1317525043
Category : Business & Economics
Languages : en
Pages : 754
Book Description
Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity. Now in its second edition, Economic Growth and Sustainable Development features expanded discussion of income distribution, social capital and the insights of behavioural economics for climate change mitigation. Boxed case studies have been added which explore the impact of economic growth on people and countries in both the developed and developing world. This text addresses the following fundamental questions: What causes economic growth? Why do some countries grow faster than others? What accounts for the extraordinary growth in the world’s population over the past two centuries? What are the current trends in population and will these trends continue? How do we measure sustainable development and is sustainable development compatible with economic growth? Why is climate change the greatest market failure of all time? What can be done to mitigate climate change and global warming? With a blend of formal models, empirical evidence, history and policy, this text provides a coherent and comprehensive treatment of economic growth and sustainable development. It is suitable for those who study development economics, sustainable development and ecological economics.
Publisher: Routledge
ISBN: 1317525043
Category : Business & Economics
Languages : en
Pages : 754
Book Description
Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity. Now in its second edition, Economic Growth and Sustainable Development features expanded discussion of income distribution, social capital and the insights of behavioural economics for climate change mitigation. Boxed case studies have been added which explore the impact of economic growth on people and countries in both the developed and developing world. This text addresses the following fundamental questions: What causes economic growth? Why do some countries grow faster than others? What accounts for the extraordinary growth in the world’s population over the past two centuries? What are the current trends in population and will these trends continue? How do we measure sustainable development and is sustainable development compatible with economic growth? Why is climate change the greatest market failure of all time? What can be done to mitigate climate change and global warming? With a blend of formal models, empirical evidence, history and policy, this text provides a coherent and comprehensive treatment of economic growth and sustainable development. It is suitable for those who study development economics, sustainable development and ecological economics.
Toward Sustainable Development
Author: Philip Andrew Lawn
Publisher: CRC Press
ISBN: 9781420032826
Category : Science
Languages : en
Pages : 494
Book Description
By now, most people in the ecological and environmental fields have heard of sustainable development, but how many know how we go about getting there, and if we are achieving it? By synthesizing the many disparate elements of the field of Ecological Economics, Toward Sustainable Development: An Ecological Economics Approach combines analysis, theory, and empiricism to answer the whats, whys, and hows of moving towards sustainable development. Since the ecological economics approach to sustainable development is still a relatively new paradigm, its long-term success rests heavily on the formalized establishment of the most basic and fundamental principles. This volume discusses the formation of these principles and their implementation in the real world. Lawn establishes the ground-rules by showing that development need not be achieved at the expense of ecological sustainability. He presents the tools, guidelines, and conceptual framework necessary to move toward sustainable development. Filled with figures, tables, and illustrations, Toward Sustainable Development: An Ecological Economics Approach systematically develops a conceptual framework from which to design workable policies. The author shows that development and ecological sustainability don't have to be trade-offs but can be complimentary and outlines a range of economic and non-economic indicators to measure performance.
Publisher: CRC Press
ISBN: 9781420032826
Category : Science
Languages : en
Pages : 494
Book Description
By now, most people in the ecological and environmental fields have heard of sustainable development, but how many know how we go about getting there, and if we are achieving it? By synthesizing the many disparate elements of the field of Ecological Economics, Toward Sustainable Development: An Ecological Economics Approach combines analysis, theory, and empiricism to answer the whats, whys, and hows of moving towards sustainable development. Since the ecological economics approach to sustainable development is still a relatively new paradigm, its long-term success rests heavily on the formalized establishment of the most basic and fundamental principles. This volume discusses the formation of these principles and their implementation in the real world. Lawn establishes the ground-rules by showing that development need not be achieved at the expense of ecological sustainability. He presents the tools, guidelines, and conceptual framework necessary to move toward sustainable development. Filled with figures, tables, and illustrations, Toward Sustainable Development: An Ecological Economics Approach systematically develops a conceptual framework from which to design workable policies. The author shows that development and ecological sustainability don't have to be trade-offs but can be complimentary and outlines a range of economic and non-economic indicators to measure performance.
Toward Sustainable Development
Author: International Society for Ecological Economics
Publisher: Island Press
ISBN: 9781559633499
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Toward Sustainable Development is a comprehensive and wide ranging exploration of the theoretical and practical aspects of the concept of sustainable development. Internationally known scholars present an in depth critique of traditional economic methods and ideas, and a new framework for analysis of issues of development and environmental policy. The book: outlines the historical development of the concept of sustainable development clarifies the many interpretations of what sustainable development is presents new and detailed assessments of the concepts, methods, and implementation of sustainable development policies As well as explaining the conceptual and theoretical background, the book discusses methods and techniques, and examines issues of policy and implementation. It offers both critical observations on old approaches, and valuable guidelines for recent innovations.
Publisher: Island Press
ISBN: 9781559633499
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Toward Sustainable Development is a comprehensive and wide ranging exploration of the theoretical and practical aspects of the concept of sustainable development. Internationally known scholars present an in depth critique of traditional economic methods and ideas, and a new framework for analysis of issues of development and environmental policy. The book: outlines the historical development of the concept of sustainable development clarifies the many interpretations of what sustainable development is presents new and detailed assessments of the concepts, methods, and implementation of sustainable development policies As well as explaining the conceptual and theoretical background, the book discusses methods and techniques, and examines issues of policy and implementation. It offers both critical observations on old approaches, and valuable guidelines for recent innovations.
Ecological Economics
Author: Stanislav E. Shmelev
Publisher: Springer Science & Business Media
ISBN: 9400719728
Category : Business & Economics
Languages : en
Pages : 261
Book Description
In a concise and crisp manner, this book presents the state of the art in ecological economics, an interdisciplinary field focused on the analysis of sustainability of global, national and regional economic systems. An elegant guide, the book offers a range of cutting edge methods used in sustainability research including multicriteria decision aid (MCDA), input-output analysis, and life cycle analysis. This book is packed with references for students with some background in economics, environmental science or mathematics who aim to develop the analytical skills required for redirecting our development path towards sustainability in government, international organisations, academia, non-profit sector and business. As such, the book is primarily aimed at MSc and first year PhD students reading for degrees in Environmental Change and Management, Ecological Economics, Environmental Management, Philosophy, Politics and Economics, and those taking part in similar programmes. The book strives to develop the idea that a significant adjustment of the current economic theories is required, an idea supported by the emerged world economic crisis, the climatic and biodiversity crisis the world is currently facing and the enormously slow progress that has been made in the field of reorientation of the global economy towards sustainability. The practical case studies provided focus on the most pressing topics of today, and the book adopts a positive approach for problem solving and strategic development, which is aimed at educating the future decision makers and business leaders.
Publisher: Springer Science & Business Media
ISBN: 9400719728
Category : Business & Economics
Languages : en
Pages : 261
Book Description
In a concise and crisp manner, this book presents the state of the art in ecological economics, an interdisciplinary field focused on the analysis of sustainability of global, national and regional economic systems. An elegant guide, the book offers a range of cutting edge methods used in sustainability research including multicriteria decision aid (MCDA), input-output analysis, and life cycle analysis. This book is packed with references for students with some background in economics, environmental science or mathematics who aim to develop the analytical skills required for redirecting our development path towards sustainability in government, international organisations, academia, non-profit sector and business. As such, the book is primarily aimed at MSc and first year PhD students reading for degrees in Environmental Change and Management, Ecological Economics, Environmental Management, Philosophy, Politics and Economics, and those taking part in similar programmes. The book strives to develop the idea that a significant adjustment of the current economic theories is required, an idea supported by the emerged world economic crisis, the climatic and biodiversity crisis the world is currently facing and the enormously slow progress that has been made in the field of reorientation of the global economy towards sustainability. The practical case studies provided focus on the most pressing topics of today, and the book adopts a positive approach for problem solving and strategic development, which is aimed at educating the future decision makers and business leaders.
Sustainability and the New Economics
Author: Stephen J. Williams
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342
Book Description
This multidisciplinary book provides new insights and hope for sustainable prosperity given recent developments in economics – but only if swift and strong actions consistent with Earth’s biophysical limits and principles of justice are universally taken. It is one thing to put limits on resource throughput and waste generation to conform with the ecosphere’s biocapacity. It is another thing to efficiently allocate a sustainable rate of resource throughput and ensure it is equitably distributed in the form of final goods and services. While the separate but interdependent decisions regarding throughput, distribution, and allocation are the essence of ecological economics, dealing with them in a world that needs to cure its growth addiction requires a realistic understanding of macroeconomics and the fiscal capacity of currency-issuing central governments. Sustainable prosperity demands that we harness this understanding to carefully regulate the rate of resource throughput and manipulate macroeconomic outcomes to facilitate human flourishing. The book begins by outlining humanity’s current predicament of gross ecological overshoot and laments the half-century of missed opportunities since The Limits to Growth (1972). What was once economic growth has become, in many high-income countries, uneconomic growth (additional costs exceeding additional benefits), which is no longer advancing wellbeing. Meanwhile, low-income nations need a dose of efficient and equitable growth to escape poverty while protecting their environments and the global commons. The book argues for a synthesis of our increasing knowledge of the ecosphere’s limited carrying capacity and the power of governments to harness, transform, and distribute resources for the common good. Central to this synthesis must be a correct understanding of the difference between financial constraints and real resource constraints. While the latter apply to everyone, the former do not apply to currency-issuing central governments, which have much more capacity for corrective action than mainstream thinking perceives. The book joins the growing chorus of authoritative voices calling for a complete overhaul of the dominant economic system. We conclude with policy recommendations based on a new economics that, if implemented, would come close to guaranteeing a sustainable and prosperous future. Upon reading this book, at least one thing should be crystal clear: business as usual is not a viable option.
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342
Book Description
This multidisciplinary book provides new insights and hope for sustainable prosperity given recent developments in economics – but only if swift and strong actions consistent with Earth’s biophysical limits and principles of justice are universally taken. It is one thing to put limits on resource throughput and waste generation to conform with the ecosphere’s biocapacity. It is another thing to efficiently allocate a sustainable rate of resource throughput and ensure it is equitably distributed in the form of final goods and services. While the separate but interdependent decisions regarding throughput, distribution, and allocation are the essence of ecological economics, dealing with them in a world that needs to cure its growth addiction requires a realistic understanding of macroeconomics and the fiscal capacity of currency-issuing central governments. Sustainable prosperity demands that we harness this understanding to carefully regulate the rate of resource throughput and manipulate macroeconomic outcomes to facilitate human flourishing. The book begins by outlining humanity’s current predicament of gross ecological overshoot and laments the half-century of missed opportunities since The Limits to Growth (1972). What was once economic growth has become, in many high-income countries, uneconomic growth (additional costs exceeding additional benefits), which is no longer advancing wellbeing. Meanwhile, low-income nations need a dose of efficient and equitable growth to escape poverty while protecting their environments and the global commons. The book argues for a synthesis of our increasing knowledge of the ecosphere’s limited carrying capacity and the power of governments to harness, transform, and distribute resources for the common good. Central to this synthesis must be a correct understanding of the difference between financial constraints and real resource constraints. While the latter apply to everyone, the former do not apply to currency-issuing central governments, which have much more capacity for corrective action than mainstream thinking perceives. The book joins the growing chorus of authoritative voices calling for a complete overhaul of the dominant economic system. We conclude with policy recommendations based on a new economics that, if implemented, would come close to guaranteeing a sustainable and prosperous future. Upon reading this book, at least one thing should be crystal clear: business as usual is not a viable option.
Sustainable Development Indicators in Ecological Economics
Author: Philip A. Lawn
Publisher: Edward Elgar Publishing
ISBN: 1845428951
Category : Business & Economics
Languages : en
Pages : 476
Book Description
The book covers a wide range of concepts pertaining to the sustainable development and successfully captures the inter-connectivity of environmental preservation and sustainable development. International Journal of Ecological Economics and Statistics . . . this book is authoritative, objective and essential reading for academics and policymakers concerned with the application of indicators of sustainable development. It takes great care to emphasize what has worked, what has not and what should be our future priorities for research; the combination of these features certainly sets it apart from some other texts in the field. Lee M. Stapleton, Journal of Environmental Planning and Management This book presents a comprehensive collection of essays from some of the world s leading experts, surveying and highlighting both the potential and the limitations of a number of indicators specifically designed to measure sustainable development. Illustrative applications are presented throughout in order to demonstrate the value of the approaches discussed. This book is highly recommended for all those who are interested in a better understanding of what sustainable development is and its likely associated indicators, and ultimately aims to contribute to a better foundation for public decision-making. Paulo A.L.D. Nunes, Venice International University, Cà Foscari University, Fondazione Eni Enrico Mattei, Venice, Italy and Vrije Universiteit, Amsterdam, The Netherlands Since the late 1980s and early 1990s, national governments have introduced a range of policy measures designed to steer their economies along a more sustainable path. Yet how are we to know how successful these have been? This significant new book discusses the ways in which sustainable development indicators can be improved in order to both assess the impact of past policies and avoid the repetition of previous failings. Covering a broad range of indicators relating to national accounts, aggregate welfare, natural capital, ecosystem health and human environment interactions, this volume provides an important assessment of the strengths and weaknesses of each. With contributions from some of the most eminent scholars in the field, the book competently analyses the various methods of measuring the sustainable development performance of nations, and suggests many ways in which these can be developed and improved. While the contributors might offer conflicting views, the message they convey is universal the quest for appropriate sustainable development indicators is critically important if we are ever to bring about a fairer, sustainable and more efficient world.
Publisher: Edward Elgar Publishing
ISBN: 1845428951
Category : Business & Economics
Languages : en
Pages : 476
Book Description
The book covers a wide range of concepts pertaining to the sustainable development and successfully captures the inter-connectivity of environmental preservation and sustainable development. International Journal of Ecological Economics and Statistics . . . this book is authoritative, objective and essential reading for academics and policymakers concerned with the application of indicators of sustainable development. It takes great care to emphasize what has worked, what has not and what should be our future priorities for research; the combination of these features certainly sets it apart from some other texts in the field. Lee M. Stapleton, Journal of Environmental Planning and Management This book presents a comprehensive collection of essays from some of the world s leading experts, surveying and highlighting both the potential and the limitations of a number of indicators specifically designed to measure sustainable development. Illustrative applications are presented throughout in order to demonstrate the value of the approaches discussed. This book is highly recommended for all those who are interested in a better understanding of what sustainable development is and its likely associated indicators, and ultimately aims to contribute to a better foundation for public decision-making. Paulo A.L.D. Nunes, Venice International University, Cà Foscari University, Fondazione Eni Enrico Mattei, Venice, Italy and Vrije Universiteit, Amsterdam, The Netherlands Since the late 1980s and early 1990s, national governments have introduced a range of policy measures designed to steer their economies along a more sustainable path. Yet how are we to know how successful these have been? This significant new book discusses the ways in which sustainable development indicators can be improved in order to both assess the impact of past policies and avoid the repetition of previous failings. Covering a broad range of indicators relating to national accounts, aggregate welfare, natural capital, ecosystem health and human environment interactions, this volume provides an important assessment of the strengths and weaknesses of each. With contributions from some of the most eminent scholars in the field, the book competently analyses the various methods of measuring the sustainable development performance of nations, and suggests many ways in which these can be developed and improved. While the contributors might offer conflicting views, the message they convey is universal the quest for appropriate sustainable development indicators is critically important if we are ever to bring about a fairer, sustainable and more efficient world.
The Economics of Sustainable Development
Author: Ian Goldin
Publisher: Cambridge University Press
ISBN: 9780521469579
Category : Business & Economics
Languages : en
Pages : 338
Book Description
This book applies rigorous economic analysis to the question of sustainable development. It considers the inter-relationship between growth and sustainability showing that one does not necessarily exist to the detriment of the other. Sustainability may be measured and defined in national accounting terms and the contributors explore a potentially powerful theoretical definition. Case studies on Morocco and China examine some of the domestic policy requirements of sustainability, revealing the desirability of quite complex combinations of policies. International policy aspects of sustainability are considered, such as technology transfers and the establishment of workable agreements to reduce global pollution. The volume demonstrates the need to build the sustainability debate on sound economic foundations, and the ability of economists to provide such foundations.
Publisher: Cambridge University Press
ISBN: 9780521469579
Category : Business & Economics
Languages : en
Pages : 338
Book Description
This book applies rigorous economic analysis to the question of sustainable development. It considers the inter-relationship between growth and sustainability showing that one does not necessarily exist to the detriment of the other. Sustainability may be measured and defined in national accounting terms and the contributors explore a potentially powerful theoretical definition. Case studies on Morocco and China examine some of the domestic policy requirements of sustainability, revealing the desirability of quite complex combinations of policies. International policy aspects of sustainability are considered, such as technology transfers and the establishment of workable agreements to reduce global pollution. The volume demonstrates the need to build the sustainability debate on sound economic foundations, and the ability of economists to provide such foundations.