Frontiers in Ecological Economic Theory and Application

Frontiers in Ecological Economic Theory and Application
Author: Jon David Erickson
Publisher: Edward Elgar Publishing
Total Pages: 394
Release: 2007
Genre: Business & Economics
ISBN:

Research on the cutting edge of economics, ecology, and ethics is presented in this timely study. Building from a theoretical critique of the tradition of cost-benefit analysis, the contributors lay the foundation for a macroeconomics of environmental sustainability and distributive justice. Attention is then turned to three of the most critical areas of social and environmental applied research - biodiversity, climate change, and energy. The contributors redefine progress away from growth and toward development. To this end, the first section of the book tackles the dominant framework used in the US today to evaluate tradeoffs between economic growth and its inherent externalities. Succeeding chapters cover a wide variety of studies related to biodiversity health and energy. Each section is anchored with overviews by top scholars in these areas - including Herman Daly, Carl McDaniel, Stephen Schneider, and Nathan Hagens - and followed by detailed analyses reflecting the transdisciplinary approach of ecological economics. Students and scholars of ecological, environmental, and natural resource economics, sustainability sciences, and environmental studies will find this book of great interest. Non-profit and government agencies in search of methods and cases that merge the study of ecology and economics will also find the analyses of great practical value.

Macroeconomics and the Environment

Macroeconomics and the Environment
Author: Salah El Serafy
Publisher: Edward Elgar Publishing
Total Pages: 401
Release: 2013-01-01
Genre: Business & Economics
ISBN: 1781007365

'This is an important book. It not only serves as a valuable contribution to green accounting, it is a testament to Salah El Serafy's tireless efforts to reform the national income accounts in ways that would better reveal the sustainable product of nations and the value of development policies. No matter what differences the reader may have with some of the points made, there is no denying that the world would be a much improved place if the reforms suggested by El Serafy were implemented.' – Philip Lawn, Flinders University, Australia 'This book is a fabulous summary of Salah El Serafy's seminal contributions to "greening" national income accounts. If only we had employed the famous "El Serafy method" of investing depletion of non-renewable resources into renewable alternatives, the world would be in a much stronger and more sustainable place today. Hopefully it is not too late to take up this and El Serafy's many other recommendations for improving national income accounting.' – Robert Costanza, Portland State University, US Though scientists and environmentalists have long expressed concern over the rapid deterioration of the global environment, economists have largely failed to recognize the issue's relevance to their field. Salah El Serafy argues for an increased focus on the economic aspects of environmental degradation, calling for a fundamental shift in how economists measure and discuss national income. Through a combination of new material reflecting recent developments in the field and previously published essays that provide a history of green accounting, the author emphasizes the importance of considering natural resources as part of a nation's economic capital. Setting forth what has become known as the 'El Serafy Method', this fascinating and complex volume presents both the justification and the methodology for giving the environment a place in the global economic conversation. Students, professors, researchers and policymakers in the field of environmental and ecological economics will no doubt find much to appreciate in this thoughtful and comprehensive analysis of the intersection between economics and the environment.

Environmental Economics

Environmental Economics
Author: Alfred Endres
Publisher: Cambridge University Press
Total Pages: 401
Release: 2011
Genre: Business & Economics
ISBN: 1107002141

How can we design environmental policy that achieves ambitious ecological goals without burdening society with excessive costs? How can effective international agreements, for example, on global warming, be designed? This textbook discusses issues such as these in an intelligible manner for students. The book uses little mathematical analysis, relying on verbal and graphical analysis.

Managing Without Growth

Managing Without Growth
Author: Peter A. Victor
Publisher: Edward Elgar Publishing
Total Pages: 269
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848442998

Managing Without Growth offers a compelling argument for the need for a new policy focus in the rich nations. Peter Victor argues that it is time for our obsession with economic growth to end. A new focus on human well-being must replace our more is better philosophy. Brett Dolter, Briarpatch Magazine Peter Victor clearly presents the arguments as to why already relatively rich countries may have to manage low or no growth in their economies if they wish to address rather than continue contributing to global environmental problems. His modelling suggests that managing without growth need not be the economic disaster that is so often assumed. This is a lucid book that provides an excellent introduction to this important but neglected area. Paul Ekins, King's College London, UK At last, Managing Without Growth, a book that puts economics in its proper place within the real world and points the direction we must go in confronting the ecological crisis of the planet. As an economist, environmental studies professor Peter Victor is eminently qualified for the task. He examines some of our most fundamental assumptions and beliefs about the market, pricing, free trade and growth, prosperity and happiness that too often preclude a serious consideration of the environment and economy. His book couldn t be a more timely and important analysis of the destructive consequences of aspiring to endless growth and downloading the costs onto nature itself. He makes a powerful case for the need to work deliberately towards a steady state economy where the real world of the biosphere should set the limits to our activity. Victor s book should be at the basis for our discussion of these critical issues today. David Suzuki, broadcaster and activist Peter Victor analyses the critical policy question of our time, how to manage our economy equitably and efficiently without growing beyond biophysical limits. He reasons carefully and rigorously, yet pulls no punches in drawing conclusions that some will consider radical. A superb book! Herman E. Daly, University of Maryland, US Overcoming our addiction to economic growth is one of the most important challenges for the 21st century. Peter Victor s masterful summary of the history and fallacies of this particularly pervasive and increasingly dangerous addiction will be a great help in getting over it. A sustainable and desirable future requires clearly differentiating between bigger and better and a recognition that in the overdeveloped West these two have parted ways. Peter Victor s book will help us slow down by design, not disaster, and understand how that slowing down will in fact increase our quality of life. Robert Costanza, The University of Vermont, US Peter Victor s book is a carefully crafted argument for managing without growth . It is not only an up-to-date survey of the latest thinking on energy, climate, and population, it offers practical policy responses to these challenges. This book is a must read for academics and policymakers concerned with environmental integrity and human wellbeing. John Gowdy, Rensselaer Polytechnic Institute, US Peter Victor challenges the priority that rich countries continue to give to economic growth as an over-arching objective of economic policy. The challenge is based on a critical analysis of the literature on environmental and resource limits to growth, on the disconnect between higher incomes and happiness, and on the failure of economic growth to meet other key economic, social and environmental policy objectives. Shortly after World War II, economic growth became the paramount economic policy objective in most countries, a position that it maintains today. This book presents three arguments on why rich countries should turn away from economic growth as the primary policy objective and pursue more specific objectives that enhance wellbeing. The author contends that continued economic growth worldwide is unrealistic due to environmental and

Beyond Uneconomic Growth

Beyond Uneconomic Growth
Author: Joshua Farley
Publisher: Edward Elgar Publishing
Total Pages: 372
Release: 2016
Genre: Business & Economics
ISBN: 1783472499

'Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.' - Peter H. May, President, Brazilian Society for Ecological Economics (ECOECO) 'Contributed by several eminent thinkers, the chapters in this book herald the paradigm shift that is needed to save the scientific framework of economics. In spite of the conceptual inconsistencies, GDP continues to be accepted by the nation states as the singular parameter to comprehensively describe the health of their economy. What gets easily hidden behind 'Market Failures ' is actually the success of cost-shifting on the heads of the ignorant and marginalized people as 'price for economic growth'. The chapters eloquently establish the need for moving beyond the religious faith on a paradigm that is facing fundamental conceptual challenges but has not addressed them with due seriousness. What is a greater contribution of this collection is the identification of the gaps in knowledge of economics that need to be filled-up to arrive at some basic articulations of the new paradigm that can throw some light on what is ecologically and socially 'Sustainable Development'.' - Jayanta Bandyopadhyay, Past President, The Indian Society for Ecological Economics 'The title Beyond Uneconomic Growthcaptures both the core of Herman Daly's key message and the linguistic mastery that makes his texts so enjoyable to read. The book forms a great tribute to the work of Herman Daly by gathering a distinguished set of contributors, covering a a wide variety of the topics that Daly has dealt with, and pointing in new directions.' - Inge Røpke, Aalborg University, Denmark This engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world's ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become ''uneconomic'' and adds to a ravaging of both social and ecological cohesion. Guided by a clear moral vision that prioritizes sustainability and justice over profit, the authors provide a blueprint for an economy that replaces quantitative growth with qualitative improvement to enhance human welfare while restoring degraded ecosystems. They present solutions for many of today's challenges, ranging from global climate change and biodiversity loss to natural resource depletion. This interdisciplinary work not only relates ecological economics theory to the most urgent predicaments of the contemporary world, but also pays tribute to the work of Herman Daly, a leading pioneer of modern ecological economics. Researchers and faculty studying and teaching ecological economics and environmental studies will find value in this unprecedented book. It will also be of interest to practitioners working to solve a variety of global environmental issues.

Socioecological Transitions and Global Change

Socioecological Transitions and Global Change
Author: Marina Fischer-Kowalski
Publisher: Edward Elgar Publishing
Total Pages: 296
Release: 2007-01-01
Genre: Business & Economics
ISBN: 9781847209436

'Unlike so many books that analyze material and energy flows in society and the developments therein, this is one of the few that link such information to developments in social organization and that discusses how limits in one sphere influence the other and in reverse.' – Arnold Tukker, Journal of Industrial Ecology 'This book is a neat summary of the main research developments achieved by the editors and their colleagues at the Institute of Social Ecology at Klagenfurt University in Vienna, and represents an interesting and important landmark in the social metabolism approach to sustainable development. The book is arranged over eight chapters, each of which can stand alone as an interesting paper with a specific focus, though several chapters are complimentary. . . The various chapters are largely written in an interesting and engaging style and the material covered is well presented, so that the largely social science content should be easily assimilated by a wide general readership. . . The book is well laid out. . . Any ecologists interested in flows of energy and materials within changing agrarian and industrial landscapes would be well served by reading this approachable text.' – Robert A. Francis, Landscape Ecology 'In an important contribution to sustainability science, Fischer-Kowalski and Haberl extend the frontiers of contemporary socio-ecological research to articulate a theory of material, energy and land-use transitions across multiple scales based on detailed empirical studies in Europe and Asia. The insights it presents on agrarian-industrial transitions are crucial to understand the potential impact of emerging nations like India and China on global change.' – Aromar Revi, India China Institute, The New School University, US 'This volume represents the culmination of several years of empirical research and refinement of the social metabolism approach. That approach is one of the most exciting and illuminating innovations in the fields of human ecology, industrial ecology, and environmental history. Here the team from Vienna's Institute of Social Ecology shows masterfully how the insights of social metabolism shed light on transitions to high-energy society in Austria, in Britain, and in the world at large.' – J.R. McNeill, Georgetown University, US This significant new book analyses fundamental changes in society-nature interaction: the socioeconomic use of materials, energy and land. The volume presents a number of case studies addressing transitions from an agrarian to an industrial socioecological regime, analysed within the materials and energy flow accounting (MEFA) framework. It is argued that by concentrating on the biophysical dimensions of change in the course of industrialization, social development issues can be explicitly linked to changes in the natural environment. From the historical transition in Europe, to current transitions in developing countries, the book offers a broad and comprehensive analysis of transition processes across scales, from local to national. The comparison of historical and current assessments allows a theory of the underlying patterns of the agrarian-industrial transition to emerge. On this basis, future trends and possible pathways towards (or indeed further departures from) sustainability are discussed. Empirical in character and cautious in its assumptions, this insightful book provides rich and in-depth material for further studies in socioecological research. It will be essential reading for students and researchers of ecological economics, industrial ecology, human ecology, environmental sociology, environmental history, geography as well as land, energy and development studies.

Post Keynesian and Ecological Economics

Post Keynesian and Ecological Economics
Author: Richard P. F. Holt
Publisher: Edward Elgar Publishing
Total Pages: 338
Release: 2009
Genre: Business & Economics
ISBN: 1849802084

This book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development. Each chapter provides major insights into many of today s environmental problems such as global warming and sustainable growth. Building on the strengths and insights of Post Keynesian and ecological economics and incorporating cutting-edge work in economic complexity, bounded rationality and socio-economic dynamics, this book provides an interdisciplinary approach to deal with a broad range of environmental concerns. The contributors show how and where the two traditions share common ground concerning environmental problems and shed light on how the two schools can learn from one another. The book will be of great value to Post Keynesian and ecological economists as well as to those interested in new approaches to important global environmental issues.

Ecology Revisited

Ecology Revisited
Author: Astrid Schwarz
Publisher: Springer Science & Business Media
Total Pages: 435
Release: 2011-03-18
Genre: Science
ISBN: 9048197449

As concerns about humankind’s relationship with the environment move inexorably up the agenda, this volume tells the story of the history of the concept of ecology itself and adds much to the historical and philosophical debate over this multifaceted discipline. The text provides readers with an overview of the theoretical, institutional and historical formation of ecological knowledge. The varied local conditions of early ecology are considered in detail, while epistemological problems that lie on the borders of ecology, such as disunity and complexity, are discussed. The book traces the various phases of the history of the concept of ecology itself, from its 19th century origins and antecedents, through the emergence of the environmental movement in the later 20th century, to the future, and how ecology might be located in the environmental science framework of the 21st century. The study of ‘ecological’ phenomena has never been confined solely to the work of researchers who consider themselves ecologists. It is rather a field of knowledge in which a plurality of practices, concepts and theories are developed. Thus, there exist numerous disciplinary subdivisions and research programmes within the field, the boundaries of which remain blurred. As a consequence, the deliberation to adequately identify the ecological field of knowledge, its epistemic and institutional setting, is still going on. This will be of central importance not only in locating ecology in the frame of 21st century environmental sciences but also for a better understanding of how nature and culture are intertwined in debates about pressing problems, such as climate change, the protection of species diversity, or the management of renewable resources.

The Progress Illusion

The Progress Illusion
Author: Jon D. Erickson
Publisher: Island Press
Total Pages: 274
Release: 2022-12
Genre: Business & Economics
ISBN: 1642832529

We live under the illusion of progress: as long as GDP is going up and prices stay low, we accept poverty and pollution as unfortunate but inevitable byproducts of a successful economy. How did we all get duped into believing the fairytale of economics? In The Progress Illusion, Jon Erickson charts the rise of the economic worldview and its infiltration into our daily lives as a theory of everything. Drawing on his experience as a young economist inoculated in the go-go 1980's era of "greed is good," Erickson shows how flawed economic thinking shaped our politics and determined the course of American public policy. While the history of economics is dismal indeed, Erickson is part of a vigorous reform effort grounded in the realities of life on a finite planet. Crafting a new economic story, he shows, is the first step toward turning away from endless growth and towards enduring prosperity.

Conflict, Cooperation and Institutions in International Water Management

Conflict, Cooperation and Institutions in International Water Management
Author: Ines Dombrowsky
Publisher: Edward Elgar Publishing
Total Pages: 400
Release: 2007-01-01
Genre: Business & Economics
ISBN: 9781782543053

This book asks under which conditions cooperation is in the interest of the riparian countries sharing international waters, and how institutions must be designed to realize potential gains of cooperation.