Post Keynesian and Ecological Economics: Confronting Environmental Issues

✍ Scribed by Richard P. F. Holt, Steven Pressman, Clive L. Spash

• Publisher: Edward Elgar Publishing
• Year: 2010
• Tongue: English
• Leaves: 339
• Category: Library

✦ Synopsis

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.

✦ Table of Contents

Copyright......Page 5
Contents......Page 6
Figures......Page 8
Tables......Page 9
Contributors......Page 10
PART I Introduction......Page 14
1. Post Keynesian and ecological economics: alternative perspectives on sustainability and environmental economics......Page 16
PART II Methodology and History of Thought......Page 38
2. Recent developments in Post Keynesian methodology and their relevance for understanding environmental issues......Page 40
3. Challenges for Post Keynesian growth theory: utopia meets environmental and social reality......Page 60
4. The environmental case for a collective assessment of economism......Page 90
5. The Post Keynesian/ecological economics of Kenneth Boulding......Page 112
6. Combining Post Keynesian, ecological and institutional economics perspectives......Page 127
PART III Consumers in Theory and Practice......Page 152
7. Post Keynesian consumer choice theory and ecological economics......Page 154
8. Price-based versus standards-based approaches to reducing car addiction and other environmentally destructive activities......Page 171
9. The socio-psychology of achieving sustainable consumption: an example using mass communication......Page 191
PART IV Structuring Systems of Production......Page 214
10. Incorporating biophysical foundations in a hierarchical model of societal metabolism......Page 216
11. Theoretical and policy issues in complex Post Keynesian ecological economics......Page 234
12. Environmental innovation: a Post Keynesian interpretation......Page 250
13. The sustainable economic development of traditional peoples......Page 269
14. Optimize versus satisfice: two approaches to an investment policy in sustainable development......Page 292
Index......Page 314