A Survey of Ecological Economics by Rajaram Krishnan, Jonathan Harris, Neva R. Goodwin

By Rajaram Krishnan, Jonathan Harris, Neva R. Goodwin

The emergent self-discipline of ecological economics is predicated at the concept that the world's economies are a functionality of the earth's ecosystems - an concept that substantially reverses the realm view of neoclassical economics. A Survey of Ecological Economics offers the 1st assessment of this new box, and a accomplished and systematic survey of its serious literature.

The editors of the amount summarize ninety-five seminal articles, chosen via an exhaustive survey, that develop the sector of ecological economics and characterize the simplest pondering thus far within the quarter. each one two-to three-page precis is much extra entire than a customary summary, and provides either the themes lined in every one paper and crucial arguments made approximately every one subject. Sections disguise:

  • historical standpoint
  • definition, scope, and interdisciplinary concerns
  • theoretical frameworks and strategies
  • energy and source circulate research
  • accounting and review
  • North-South/international concerns
  • ethical/social/institutional concerns

every one part is preceded by means of an introductory essay that outlines the present country of information within the box and proposes a learn schedule for the longer term.

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Extra resources for A Survey of Ecological Economics

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Such an incorporation into the Sraffian framework would provide a different policy emphasis, focusing on the long-term maintenance of environmental and resource systems rather than on short-term market price adjustment. Notes 1. N. Senior, An Outline of the Science of Political Economy (New York: Kelley, 1965; original publication 1836). 2. A. Marshal, Principles of Economics (London: Macmillan; 8th ed. 1920). 3. S. Jevons, The Theory of Political Economy (London: Macmillan, 1871; reprinted by Penguin, 1970).

All inputs in a production process are seen as complements rather than as substitutable, and machines and other capital equipment must be designed with this in mind. This notion of complementarity is extended across sectors; technologies, organizational structures, and resource and energy needs are seen to co-evolve across sectors and activities. The neoclassical notion of marginally changing one factor while holding all else constant is therefore not viewed as an appropriate form of analysis, nor is partial equilibrium analysis.

One of these Overview Essay 5 implications, of course, is a renewed emphasis on population. Paul Harrison provides an overview of the history of the population growth debate, counterposing the Malthusian tradition with pro-natalist theories maintaining that population growth complements and stimulates technological and economic progress. Economic theorists in general have not worried much about population; as world population approaches six billion they clearly must. Issues of carrying capacity, food production, and environmental stress, as well as the more general issue of quality of life, are all dramatically affected by population size and growth rates.

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