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Endangered Economies - How the Neglect of Nature Threatens Our Prosperity (Hardcover)
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Endangered Economies - How the Neglect of Nature Threatens Our Prosperity (Hardcover)
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In the decades since Geoffrey Heal began his field-defining work in
environmental economics, one central question has animated his
research: "Can we save our environment and grow our economy?" This
issue has become only more urgent in recent years with the threat
of climate change, the accelerating loss of ecosystems, and the
rapid industrialization of the developing world. Reflecting on a
lifetime of experience not only as a leading voice in the field,
but as a green entrepreneur, activist, and advisor to governments
and global organizations, Heal clearly and passionately
demonstrates that the only way to achieve long-term economic growth
is to protect our environment. Writing both to those conversant in
economics and to those encountering these ideas for the first time,
Heal begins with familiar concepts, like the tragedy of the commons
and unregulated pollution, to demonstrate the underlying tensions
that have compromised our planet, damaging and in many cases
devastating our natural world. Such destruction has dire
consequences not only for us and the environment but also for
businesses, which often vastly underestimate their reliance on
unpriced natural benefits like pollination, the water cycle, marine
and forest ecosystems, and more. After painting a stark and
unsettling picture of our current quandary, Heal outlines simple
solutions that have already proven effective in conserving nature
and boosting economic growth. In order to ensure a prosperous
future for humanity, we must understand how environment and economy
interact and how they can work in harmony-lest we permanently harm
both.
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