|
Books > Earth & environment > The environment > Environmental economics > Sustainability
|
Buy Now
Jevons' Paradoxes - William Stanley Jevons and the Roots of Biophysical and Neoclassical Economics (Paperback, 1st ed. 2022)
Loot Price: R1,366
Discovery Miles 13 660
|
|
|
Jevons' Paradoxes - William Stanley Jevons and the Roots of Biophysical and Neoclassical Economics (Paperback, 1st ed. 2022)
Series: SpringerBriefs in Energy
Expected to ship within 18 - 22 working days
|
I n 1865, economist William Stanley Jevons published The Coal
Question, describing the crucial role that coal played in British
economic development. Here, he enunciated what has come to be known
as the Jevons paradox, which stated that improvements in resource
efficiency leads to greater resource use as the expansion of scale
occasioned by lower operating costs overwhelms the savings due to
greater efficiency. The implications for any sustainability
scenario are enormous and a major theme of this book. While The
Coal Question provided the theory that was a precursor to peak oil
and resource limits to growth, it was followed six years later by
the Theory of Political Economy, the first English-language work of
neoclassical economics, which denies the importance of energy as a
special commodity. In spite of this apparent contradiction, in this
book biophysical economist Kent Klitgaard makes clear that there is
no epistemological break between The Coal Question and Theory of
Political Economy. Indeed, the Jevons paradox makes little sense in
the absence of a behavioral theory grounded in marginal utility,
which recognizes the satisfaction that each of us gains as
consumers of one more unit of a good or service. Jevons could not
solve this paradox in light of his belief that coal mines were
becoming exhausted and more expensive to operate, and that there
was no substitute for coal. However, he was uninterested in
questions of sustainability; rather, he wanted to maintain British
industrial and imperial dominance. Did the eventual substitution of
oil for coal simply allow us to run through other resources at an
accelerated rate? Indeed, the petroleum economy of the 20th and
early 21st centuries has presented vastly expanded opportunities
for the operation of the Jevons Paradox. This book shows the
connections among the different paradoxes in Jevons' work, and
exposes the potentially fatal flaws that confound technological
solutions to the sustainability challenge.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(3)
