03607oam 2200577I 450 991015503660332120240505160240.01-315-39024-81-315-39023-X1-315-39022-110.4324/9781315390246 (CKB)4340000000019332(MiAaPQ)EBC4756221(OCoLC)965196587(BIP)56990896(BIP)63834560(EXLCZ)99434000000001933220180706d2017 uy 0engurcnu||||||||rdacontentrdamediardacarrierIncome distribution and environmental sustainability a Sraffian approach /Robin Hahnel1st ed.London ;New York, NY :Routledge,2017.1 online resource (162 pages)Routledge Frontiers of Political EconomyIncludes index.1-138-33599-1 1-138-22912-1 1. Sraffa after Frobenius-Perron -- 2. Environmental sustainability in a Sraffa model -- 3. Producers and parasites.Any economics that does not deal forthrightly with economic inequality is no longer suitable for the twenty-first century. Similarly, any economics which does not provide a coherent way to integrate environmental sustainability into economic analysis will fail to command allegiance in the century ahead. This book demonstrates how the Sraffian framework provides important advantages in both areas. Divided into three chapters, Income Distribution and Environmental Sustainability provides a rigorous exposition of Sraffian theory emphasizing what it means for the economy to be productive, extends Sraffian theory to address environmental sustainability, and adds a normative theory of income distribution to Sraffa's positive theory. In Chapter 1, a rigorous version of the basic Sraffa model is presented which focuses on what it means for the economy to be capable of producing a physical surplus, explains the origin of profits, and shows how to measure changes in overall labor productivity resulting from any technical change. In Chapter 2, the basic model is extended to incorporate primary inputs from the natural environment, rigorously measure changes in environmental throughput efficiency, and establish sufficient conditions for environmental sustainability. In Chapter 3, an explicit "normative" theory of economic justice is elaborated which is a natural extension of Sraffa's "positive" theory of income determination and consistent with modern egalitarian literature on distributive justice. This book is of interest to academics and students who study political economy, economic theory, and philosophy, as well as those interested in the work of Piero Sraffa.Routledge frontiers of political economy.Income distributionMathematical modelsSustainable developmentMathematical modelsDistributive justiceEnvironmental aspectsEnvironmental economicsIncome distributionMathematical models.Sustainable developmentMathematical models.Distributive justiceEnvironmental aspects.Environmental economics.338.9/2701519Hahnel Robin.126363MiAaPQMiAaPQMiAaPQBOOK9910155036603321Income distribution and environmental sustainability2172810UNINA