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You Can't Eat GNP By Eric Davidson

You Can't Eat GNP
by Eric Davidson

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An eye-opening look at the ecological foundations of prosperity.
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You Can't Eat GNP Summary

You Can't Eat GNP: Economics as Though Ecology Mattered by Eric Davidson

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.

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Table of Contents

Whence Comes Wealth? Three Fallacies About Economics Versus the Environment Richland for Dirt CheapTwo Views of the Value of Soil The Price is WrongAdvantages and Dangers of Cost-Benefit Analysis Future Shock DiscountedAnother Devil in the Details of Cost-Benefit Analysis Internalizing the ExternalitiesBuying a Bunch of Blue Sky to Limit Global Warming Global GarbageMalthus Revisited In Search of SustainabilityFrom Small Landholders to Macroeconomists Fill the Earth and Conquer It, but Keep Two of Each SpeciesCan Both Imperatives Be Achieved? May We Live in Interesting TimesSome Modest Proposals for Profound Change

Additional information

You Can't Eat GNP: Economics as Though Ecology Mattered by Eric Davidson
Eric Davidson
Used - Very Good
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.