Sustainability and the New Economics

Sustainability and the New Economics PDF Author: Stephen J. Williams
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342

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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.

Sustainability and the New Economics

Sustainability and the New Economics PDF Author: Stephen J. Williams
Publisher: Springer Nature
ISBN: 3030787958
Category : Science
Languages : en
Pages : 342

Get Book Here

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.

The New Economics of Sustainable Consumption

The New Economics of Sustainable Consumption PDF Author: G. Seyfang
Publisher: Springer
ISBN: 023023450X
Category : Political Science
Languages : en
Pages : 231

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Book Description
This book offers a fresh look at sustainable consumption, exploring how grassroots community action can spread ideas in society. It presents a 'New Economics' approach based on alternative measures of wealth and value, examining how these are put into practice through local organic food systems, low-impact eco-housing, and complementary currencies.

The New Environmental Economics

The New Environmental Economics PDF Author: Eloi Laurent
Publisher: John Wiley & Sons
ISBN: 1509533834
Category : Political Science
Languages : en
Pages : 237

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Book Description
Too often, economics disassociates humans from nature, the economy from the biosphere that contains it, and sustainability from fairness. When economists do engage with environmental issues, they typically reduce their analysis to a science of efficiency that leaves aside issues of distributional analysis and justice. The aim of this lucid textbook is to provide a framework that prioritizes human well-being within the limits of the biosphere, and to rethink economic analysis and policy in the light of not just efficiency but equity. Leading economist Éloi Laurent systematically ties together sustainability and justice issues in covering a wide range of topics, from biodiversity and ecosystems, energy and climate change, environmental health and environmental justice, to new indicators of well-being and sustainability beyond GDP and growth, social-ecological transition, and sustainable urban systems. This book equips readers with ideas and tools from various disciplines alongside economics, such as history, political science, and philosophy, and invites them to apply those insights in order to understand and eventually tackle pressing twenty-first-century challenges. It will be an invaluable resource for students of environmental economics and policy, and sustainable development.

New Economies for Sustainability

New Economies for Sustainability PDF Author: Luise Li Langergaard
Publisher: Springer Nature
ISBN: 3030817431
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
The edited volume New Economies for Sustainability: Limits and Potentials for Possible Futures brings together a range of alternative views on economy and organization to illustrate different perspectives on how to work towards more sustainable solutions to production, consumptions and economic organization more generally. The book brings chapters from the most renowned scholars in the field, who bring their perspectives on how alternative schools theorize politics, society, organization, nature and ethics in their attempts to develop theories with a strong focus on sustainability. The book aims to contribute with a platform for gathering and collecting these theories in a pluralist economic framework, which can provide a strong alternative voice to mainstream economic theories in sustainability debates.

Sustainability Economics

Sustainability Economics PDF Author:
Publisher: Routledge
ISBN: 0415686830
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
The book is a concise introduction to an emerging field within economics. Drawing on numerous disciplines, including environmental science, environmental and ecological economics and optimal growth theory, sustainability remains a hazy and complex subject. The author set out with two objectives: one, to bring some order into the proliferating measures, models and management of sustainability; and two, to facilitate access to a complex inter-disciplinary subject area. The book points to practical ways of assessing and enhancing the long-term environmental and economic sustainability of our economies. The result is a fully international study that should bridge the gap between disciplines and prove to be an essential guide to anyone interested in one of the most important concepts in the social sciences.

Sustainable Economics

Sustainable Economics PDF Author: Keith Skene
Publisher: Routledge
ISBN: 1351286188
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
This book marks a milestone in Economics publishing. Sustainable Economics is *the* subject of the moment, as businesses across the globe face up to peak oil prices, climate instability, increasingly complex environmental legislation and the challenge of adapting to a new business landscape. Sustainable Economics: Context, Challenges and Opportunities for the 21st Century Practitioner debugs the language of sustainable development. It explores the strengths and weaknesses of the many and diverse schools of thought. The book enables the modern business student and practitioner to disentangle the complex, often convoluted debate relating to sustainability, and it provides the tools necessary to lead their organizations through the murky waters of current times and prepare for the challenges of the future. Eschewing the linear – take, make and waste – approach of current business and manufacturing thinking, this book revisits the ecological models underpinning recent economic sustainability theory, and re-examines the consequences of modern ecological thought upon business strategies relating to sustainability. A chapter is also dedicated to the "circular economy", already in common parlance at policy levels in the UK, and notably in China and other developing countries.Packed with the most recent research papers, Sustainable Economics is an essential resource for the 21st-century business practitioner and legislator.The book is supported with a large array of teaching and learning material, for both formal and informal use, ranging from role play to data analysis which are available on request with the purchase of this book.

The New Economics of Sustainable Development

The New Economics of Sustainable Development PDF Author: James Robertson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Conventional economics thinking does not provide the framework to support sustainable development. Here, the author prescribes a number of radical measures, including transition to people centred economic systems, away from state centred systems.

The New Economics

The New Economics PDF Author: Steve Keen
Publisher: John Wiley & Sons
ISBN: 1509545301
Category : Political Science
Languages : en
Pages : 141

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Book Description
In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.

Sustainability in Business

Sustainability in Business PDF Author: David Hobson Myers
Publisher: Springer Nature
ISBN: 3319966049
Category : Business & Economics
Languages : en
Pages : 115

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Book Description
This book provides an approach to sustainable decision-making rooted in financial and economic literature. Financial economic techniques have the power to frame the discussion of sustainability to explain who, how, and why sustainability is a growing phenomenon in business and investing. Financial concepts in a sustainable framework provide a theoretical basis to approach research and business questions on sustainability. The framework provides for a better understanding of the different definitions of sustainability and the role those differences have on decisions that will lead to the future of sustainable business. A future which relies on growth driven by expanding its markets’ reach (demographics), its innovation or creation of new products, and its capital structure (leverage). Third party certification and governmental regulation become the constraints on that growth as well as the proof of sustainable growth. Finally, the ability and methods for investors to support sustainable growth is addressed in a modern portfolio theory analysis.

Introducing a New Economics

Introducing a New Economics PDF Author: Jack Reardon
Publisher:
ISBN: 9781783712175
Category :
Languages : en
Pages :

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Book Description