"Global Environmental Economics: Equity and the Limits to Markets"
represents a stimulating collaboration by economists, ethicists,
political scientists, demographers, and ecologists from around the
world. By focusing on the implications for future generations and
the people of developing countries, the editors provide an
alternative to standard approaches that have concentrated on the
short-term solutions consumers or markets are willing to support.
This book illustrates that issues of equity can be applied to
global environmental problems as well as taking a more central role
in economic theory. It contends that new developments in
social-choice theory offer a better foundation than traditional
welfare economics.
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