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You Can't Eat GNP: Economics as If Ecology Mattered
Contributor(s): Davidson, Eric (Author)
ISBN: 0738204870     ISBN-13: 9780738204871
Publisher: Basic Books
OUR PRICE:   $19.79  
Product Type: Paperback
Published: April 2001
Qty:
Annotation: Ecology and economics are not doomed to be adversaries. This lively and concise book presents the exciting new insights of environmental economics as well as the three fallacies of conventional economic analysis. You Can't Eat GNP offers a blueprint for a truly sustainable economy that recognizes the natural resources (like water, air, and soil) on which we ultimately depend.
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
- Business & Economics | Development - Sustainable Development
- Nature | Ecology
Dewey: 333.7
LCCN: 2001094904
Lexile Measure: 1490
Series: Merloyd Lawrence Book
Physical Information: 0.69" H x 5.49" W x 8.51" (0.74 lbs) 272 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
In this lively, concise, and hard-hitting book, Eric Davidson makes available to readers the exciting new ideas of ecological economists, who have been revolutionizing and greening the once dismal science. Redefining economic concepts to allow for the primacy of our water, air, soil, and forests, he reveals the necessary steps to a genuine, rather than illusory, prosperity. Most estimates of wealth today are based upon gross domestic product, and many economists even see future wealth being created free of the constraints set by natural resources. Eric Davidson, scientist at the famed Woods Hole Research Center, calls such thinking Marie Antoinette economics and reveals its grave underlying fallacies. In valuing land or forests, for instance, we tend to discount their future value for our own children; in analyzing costs and benefits, the price of these natural resources upon which we ultimately depend is usually wrong; and damages to these resources are seen as externalities. Davidson exposes these fallacies and offers a blueprint for a truly sustainable economy.