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'Daly's contributions to the still emergent field of ecological
economics are constant references for our peers throughout the
developing world as well as in the North. His courageous tilting at
the windmills of mainstream economic nonsense inspire us to
continue questioning: in whose interests do we continue on a
perpetual search for unlimited material satisfaction? Daly's
conception is not only of a world restricted by biophysical limits,
but also one in which poverty and deprivation are commonplace, and
where Sisyphean efforts to maintain accelerated economic growth
only exacerbate inequitable distribution. His vision of sustainable
economic welfare shed light on other aspects of our existence which
make it worth living. Thanks to Farley, Rees, El Serafy, Goodland
and other fellow travelers, we are bestowed with an excellent
collection synthesizing Daly's contributions to our work, which
will inspire our youth and their children long after we too
depart.' - Peter H. May, President, Brazilian Society for
Ecological Economics (ECOECO) 'Contributed by several eminent
thinkers, the chapters in this book herald the paradigm shift that
is needed to save the scientific framework of economics. In spite
of the conceptual inconsistencies, GDP continues to be accepted by
the nation states as the singular parameter to comprehensively
describe the health of their economy. What gets easily hidden
behind 'Market Failures ' is actually the success of cost-shifting
on the heads of the ignorant and marginalized people as 'price for
economic growth'. The chapters eloquently establish the need for
moving beyond the religious faith on a paradigm that is facing
fundamental conceptual challenges but has not addressed them with
due seriousness. What is a greater contribution of this collection
is the identification of the gaps in knowledge of economics that
need to be filled-up to arrive at some basic articulations of the
new paradigm that can throw some light on what is ecologically and
socially 'Sustainable Development'.' - Jayanta Bandyopadhyay, Past
President, The Indian Society for Ecological Economics 'The title
Beyond Uneconomic Growth captures both the core of Herman Daly's
key message and the linguistic mastery that makes his texts so
enjoyable to read. The book forms a great tribute to the work of
Herman Daly by gathering a distinguished set of contributors,
covering a a wide variety of the topics that Daly has dealt with,
and pointing in new directions.' - Inge Ropke, Aalborg University,
Denmark This engaging book brings together leading ecological
economists to collectively present a definitive case for looking
beyond economic growth as the sole panacea for the world's
ecological predicament. Grounded in physics, ecology, and the
science of human behavior, contributors show how economic growth
itself has become ''uneconomic'' and adds to a ravaging of both
social and ecological cohesion. Guided by a clear moral vision that
prioritizes sustainability and justice over profit, the authors
provide a blueprint for an economy that replaces quantitative
growth with qualitative improvement to enhance human welfare while
restoring degraded ecosystems. They present solutions for many of
today's challenges, ranging from global climate change and
biodiversity loss to natural resource depletion. This
interdisciplinary work not only relates ecological economics theory
to the most urgent predicaments of the contemporary world, but also
pays tribute to the work of Herman Daly, a leading pioneer of
modern ecological economics. Researchers and faculty studying and
teaching ecological economics and environmental studies will find
value in this unprecedented book. It will also be of interest to
practitioners working to solve a variety of global environmental
issues.
Climate disruption, overpopulation, biodiversity loss, the threats
of financial collapse, large-scale damage to our natural and social
environments and eroding democracy are all becoming critically
important concerns. The editors of this timely book assert that
these problems are not separate, but all stem from our overreliance
on an out-dated approach to economics that puts growth of
production and consumption above all else. Ecological economics can
help create the future that most people want - a future that is
prosperous, just, equitable and sustainable. This forward-thinking
book lays out an alternative approach that places the sustainable
wellbeing of humans and the rest of nature as the overarching goal.
Each of the book s chapters, written by a diverse collection of
scholars and practitioners, outlines a research and action agenda
for how this future can look and possible actions for its
realization. Sustainable Wellbeing Futures will be of value to
academics and students researching environmental and ecological
economics, as well as individuals interested in gaining a greater
understanding of the concept of a wellbeing future and how we might
act to achieve it. Contributors include: M. Abrams, J. Adams, G.
Alperovitz, J. Ament, D. Baker, L. Barbeiri, D. Barmes, S. Bliss,
R. Boumans, K. Brevik, P. Brown, M. Burke, B.S. Caniglia, C.
Carmichael, J.C. Castilla-Rho, R. Costanza, A. Damiano, T. Dietz,
E.M.B. Doran, B. Dube, M. Egler, J.D. Erickson, S.C. Farber, J.
Farley, L. Fioramonti, M.-J.V. Fox, K. Gallagher, T. Gladkikh, R.K.
Gould, J. Gourevitch, J. Gowdy, C. Guay-Boutet, M. Hensher, R.B.
Howarth, T. Jackson, X. Ji, D.C. Kenny, K. Kish, C. Koliba, J.
Kolodinsky, N. Kosoy, I. Kubiszewski, M.T. Lucas, V. Luzadis, D.
Markowitz, S. Marshall, J. McGlade, M. Moser, S. O'Hara, C. Orr, P.
Perez, K. Pickett, S. Posner, S. Quilley, T.H. Ricketts, A.B.
Schneider, D. Spethmann, R. Svartzman, S. Telle, K. Trebeck, J.
Valcour, M. Venkatesan, P.A. Victor, A. Voinov, S. Wallis, R.
Wilkinson, G. Yahya Haage, Y. Yoshida, E. Zencey, A. Zia
In its first edition, this book helped to define the emerging field
of ecological economics. This new edition surveys the field today.
It incorporates all of the latest research findings and grounds
economic inquiry in a more robust understanding of human needs and
behavior. Humans and ecological systems, it argues, are
inextricably bound together in complex and long-misunderstood ways.
According to ecological economists, conventional economics does not
reflect adequately the value of essential factors like clean air
and water, species diversity, and social and generational equity.
By excluding biophysical and social systems from their analyses,
many conventional economists have overlooked problems of the
increasing scale of human impacts and the inequitable distribution
of resources. This introductory-level textbook is designed
specifically to address this significant flaw in economic thought.
The book describes a relatively new "transdiscipline" that
incorporates insights from the biological, physical, and social
sciences. It provides students with a foundation in traditional
neoclassical economic thought, but places that foundation within an
interdisciplinary framework that embraces the linkages among
economic growth, environmental degradation, and social inequity. In
doing so, it presents a revolutionary way of viewing the world. The
second edition of "Ecological Economics" provides a clear,
readable, and easy-to-understand overview of a field of study that
continues to grow in importance. It remains the only stand-alone
textbook that offers a complete explanation of theory and practice
in the discipline.
Ecological economics addresses one of the fundamental flaws in
conventional economics--its failure to consider biophysical and
social reality in its analyses and equations. Ecological Economics:
Principles and Applications is an introductory-level textbook that
offers a pedagogically complete examination of this dynamic new
field.
As a workbook accompanying the text, this volume breaks new ground
in applying the principles of ecological economics in a problem- or
service-based learning setting. Both the textbook and this workbook
are situated within a new interdisciplinary framework that embraces
the linkages among economic growth, environmental degradation, and
social inequity in an effort to guide policy in a way that respects
fundamental human values. The workbook takes the approach a step
further in placing ecological economic analysis within a systems
perspective, in order to help students identify leverage points by
which they can help to affect change. The workbook helps students
to develop a practical, operational understanding of the principles
and concepts explored in the text through real-world activities,
and describes numerous case studies in which students have
successfully completed projects.
Ecological Economics: A Workbook for Problem-Based Learning
represents an important new resource for undergraduate and graduate
environmental studies courses focusing on economics, environmental
policy, and environmental problem-solving.
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