Revised edition of the authors' An Introduction to ecological economics, published in 1997. Includes bibliographical references (pages 301-328) and index.
Contents:
Machine-generated contents note: 2.1.1. Adam Smith and the Invisible Hand 1.2. From Localized Limits to Global Limits -- 1.2.1. First Evidence of Limits: Human Biomass Appropriation -- 1.2.2. Second Evidence of Limits: Climate Change -- 1.2.3. Third Evidence of Limits: Ozone Shield Rupture -- 1.2.4. Fourth Evidence of Limits: Land Degradation (Land-System Change) -- 1.2.5. Fifth Evidence of Limits: Biodiversity Loss -- 1.2.6. Latest Evidence of Planetary Boundaries -- 1.2.6.1. Ocean Acidification -- 1.2.6.2. Freshwater Use -- 1.2.6.3. Nitrogen and Phosphorus Cycles -- 1.2.6.4. Atmospheric Aerosol Loading -- 1.2.6.5. Chemical Pollution -- 1.3. Population and Poverty -- 1.4. Beyond Brundtland -- 1.5. Toward Sustainability -- 1.6. The Fragmentation of Economics and the Natural Sciences -- 2.1. Early Codevelopment of Economics and Natural Science -- 2.1.1. Adam Smith and the Invisible Hand 2.3.3. Elinor Ostrom and Garret Hardin: Open-Access Resource Management and Commons Institutions -- 2.1.3. David Ricardo and the Geographic Pattern of Economic Activity -- 2.1.4. Sadi Carnot, Rudolf Clausius, and Thermodynamics -- 2.1.5. Charles Darwin and the Evolutionary Paradigm -- 2.1.6. John Stuart Mill and the Steady-State -- 2.1.7. Karl Marx and the Ownership of Resources -- 2.1.8. W. Stanley Jevons and the Scarcity of Stock Resources -- 2.1.9. Ernst Haeckel and the Beginnings of Ecology -- 2.1.10. Alfred J. Lotka and Systems Thinking -- 2.1.11. Alfred C. Pigou and Market Failure -- 2.1.12. Harold Hotelling and the Efficient Use of Resources over Time -- 2.2. Economics and Ecology Specialize and Separate -- 2.3. Reintegration of Ecology and Economics -- 2.3.1. Ludwig von Bertalanffy and General System Theory -- 2.3.2. Elinor Ostrom and Garret Hardin: Open-Access Resource Management and Commons Institutions -- 2.3.3. Ecosystem Services -- 3.2.3. Kenneth Boulding and Spaceship Earth and Herman Daly and Steady-State Economics -- 2.3.5. C.S. Holling and Adaptive Environmental Management -- 2.3.6. Coevolution of Ecological and Economic Systems -- 2.3.7. Role of Neoclassical Economics in Ecological Economics -- 2.3.7.1. Critical Connections -- 2.4. Conclusions -- 3.1. Sustainable Scale, Fair Distribution, and Efficient Allocation -- 3.1.1. From Empty-World Economics to Full-World Economics -- 3.1.2. Reasons the Turning Point Has Not Been Noticed -- 3.1.3. Complementarity, Substitutability, and Fundamental Limits -- 3.1.4. Policy Implications of the Turning Point -- 3.1.5. Initial Policy Response to the Historical Turning Point -- 3.2. Ecosystems, Biodiversity, and Ecosystem Services -- 3.2.1. Biodiversity and Ecosystems -- 3.2.2. Ecosystem Services -- 3.2.3. From Gross Domestic Product to a Measure of Economic Welfare -- 3.5.6. Ecosystems as Sustainable Systems -- 3.3. Substitutability versus Complementarity of Natural, Human, Social, and Built Capital -- 3.3.1. Growth versus Development -- 3.3.2. Can Built Capital Substitute for Natural Capital? -- 3.3.3. Natural Capital -- 3.3.4. Sustainability and Maintaining Natural Capital -- 3.4. Population and Carrying Capacity -- 3.5. Measuring Welfare and Well-Being -- 3.5.1. Quality of Life, Happiness, Well-Being, and Welfare -- 3.5.1.1. An Integrative Definition of Quality of Life and Well-Being -- 3.5.2. Gross Domestic Product and Its Political Importance -- 3.5.3. Gross Domestic Product: Concepts and Measurement -- 3.5.4. From Gross Domestic Product to Hicksian Income and Sustainable Development -- 3.5.5. From Gross Domestic Product to a Measure of Economic Welfare -- 3.5.6. History of Environmental Institutions and Instruments 4.1. Toward a Measure of Total Human Welfare -- 3.5.8. Alternative Models of Wealth and Utility -- 3.5.9. Sustainable and Desirable "Doughnut" -- 3.6. Valuation, Choice, and Uncertainty -- 3.6.1. Fixed Tastes and Preferences and Consumer Sovereignty -- 3.6.2. Valuation of Ecosystems and Preferences -- 3.6.3. Uncertainty, Science, and Environmental Policy -- 3.6.4. Technological Optimism versus Prudent Skepticism -- 3.6.5. Social Traps -- 3.6.6. Escaping Social Traps -- 3.6.7. The Dollar Auction Game -- 3.7. Trade and Community -- 3.7.1. Free Trade? -- 3.7.2. Community and Individual Well-Being -- 3.7.3. Community, Environmental Management, and Sustainability -- 3.7.4. Globalization, Transaction Costs, and Environmental Externalities -- 3.7.5. Policy Implications -- 4.1. History of Environmental Institutions and Instruments 4.4.2.3. Pollution Fees and Subsidies -- 4.2.1. Envisioning -- 4.2.2. Scenario Planning -- 4.2.2.1. The Great Transition Initiative -- 4.2.2.2. Four Futures for New Zealand: Work in Progress (Taylor and Allen 2007) -- 4.2.3. Overcoming Roadblocks -- 4.2.3.1. The Components of Culture -- 4.2.3.2. Change as an Evolutionary Process -- 4.3. Successes, Failures, and Remedies -- 4.3.1. The Policy Role of Non-Governmental Organizations -- 4.3.2. Adaptive Ecological Economic Assessment and Management -- 4.3.3. Redirecting Technology toward Sustainable Solutions -- 4.3.4. Habitat Protection, Intergenerational Transfers, and Equity -- 4.4. Policy Instruments: Some Background -- 4.4.1. Regulatory Systems -- 4.4.2. Incentive-Based Systems: Alternatives to Regulatory Control -- 4.4.2.1. The Role of Economic Efficiency -- 4.4.2.2. Pollution Fees and Subsidies -- 4.4.2.3. The Next Phase in Higher Education -- 4.5.3.2. Advantages and Disadvantages of Incentive-Based Systems of Regulation -- 4.4.3. Three Policies to Achieve Sustainability -- 4.4.3.1. Natural Capital Depletion Tax -- 4.4.3.2. The Precautionary Polluter Pays Principle -- 4.4.3.3. Ecological Tariffs: Making Trade Sustainable -- 4.4.4. Toward Ecological Tax Reform -- 4.4.5. A Transdisciplinary Pollution Control Policy Instrument -- 4.4.5.1. Cap and Trade -- 4.4.5.2. Implementation and Operational Considerations -- 4.5. Examples of Policies, Instruments, and Institutions -- 4.5.1. Expanding the "Commons Sector" -- 4.5.2. Communication in Society -- 4.5.2.1. Advertising -- 4.5.2.2. One- versus Two-Directional Communication -- 4.5.2.3. Sustainability through Media -- 4.5.2.4. Electronic Democracy -- 4.5.3. Education -- 4.5.3.1. The Next Phase in Higher Education -- 4.5.3.2. Conclusions and Prospects for the Future. 4.7. Patents and Copyrights -- 4.5.4.1. Alternative Incentive Structures -- 4.6. Governance -- 4.6.1. Strong Democracy -- 4.6.1.1. Living Democracy -- 4.6.1.2. Deliberative Democracy -- 4.6.1.3. Lisbon Principles -- 4.7. Conclusions and Prospects for the Future.
Summary:
From Empty-World Economics to Full-World Economics, Ecological economics explores new ways of thinking about how we manage our lives and our planet to achieve a sustainable, equitable, and prosperous future. Ecological economics extends and integrates the study and management of both "nature's household" and "humankind's household"-An Introduction to Ecological Economics, Second Edition, the first update and expansion of this classic text in 15 years, describes new approaches to achieving a sustainable and desirable human presence on Earth. Written by the top experts in the field, it addresses the necessity for an innovative approach to integrated environmental, social, and economic analysis and management, and describes policies aimed at achieving our shared goals. Demands a Departure from Business as Usual, The book begins with a description of prevailing interdependent environmental, economic, and social issues and their underlying causes, and offers guidance on designing policies and instruments capable of adequately coping with these problems. It documents the historical development of the disciplines of economics and ecology, and explores how they have evolved so differently from a shared conceptual base. Structured into four sections, it also presents various ideas and models in their proper chronological context, details the fundamental principles of ecological economics, and outlines prospects for the future. What's New in the Second Edition: Includes several new pieces and updates in each section, Adds a series of independently authored "boxes" to expand and update information in the current text, Addresses the historical development of economics and ecology and the recent progress in integrating the study of humans and the rest of nature, Covers the basic concepts and applications of ecological economics in language accessible to a broad audience, An Introduction to Ecological Economics, Second Edition can be used in an introductory undergraduate or graduate course; requires no prior knowledge of mathematics, economics, or ecology; provides a unified understanding of natural and human-dominated ecosystems; and reintegrates the market economy within society and the rest of nature. Book jacket.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.