Economics of a Crowded Planet

• Main Author: Murison Smith, Fraser (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2019.
• Edition: 1st ed. 2019.
• Subjects: Environmental economics.; Climate change.; Environmental policy.; Economic policy.; Schools of economics.; Environmental Economics.; Climate Change.; Environmental Policy.; Economic Policy.; Heterodox Economics.

 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. 

 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.