1.

Record Nr.

UNINA9910357827803321

Autore

Murison Smith Fraser

Titolo

Economics of a crowded planet / / by Fraser Murison Smith

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2019

ISBN

9783030317980

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (442 pages) : illustrations

Disciplina

330.0112

338.9

Soggetti

Environmental economics

Climate change

Environmental policy

Economic policy

Schools of economics

Environmental Economics

Climate Change

Environmental Policy

Economic Policy

Heterodox Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

1. Introduction -- 2. Biophysical Context of the Economy -- 3. Simple Physical Model of Nature and Economy -- 4. Subsystem Model of the Economy -- 5. Rationale for an Economics of a Crowded Planet -- 6. Economic Orthodoxy and Emerging Pluralism -- 7. The Economics of Nature -- 8. Conventional Economics On a Crowded Planet -- 9. Framework for an Economics of a Crowded Planet -- 10. Requirements for a Future Economics.

Sommario/riassunto

This book asks the question, how would economics look today and into the future if one started with a blank sheet of paper? Written mainly for a technical audience, yet accessible to the lay reader, Economics of a Crowded Planet addresses the ontology, epistemology and methodology of a future economics as if from outside the economy



looking in. It presents a conceptual framework for a future economics drawing from systems science and hierarchy theory, integrating central concepts from present-day economics, so as to orient the field in a direction that can serve society’s future needs in practical ways. The exposition reveals a paradigm called ‘market collectivism’: the idea that the power of markets may be used to steer the economy toward a desired long-term goal. Both a prescriptive doctrine and an economic methodology, it treats the economy and nature as instances of complex, evolutionary systems, demanding analytical tools quite unlike those of the 20th-century mainstream.