economics in the era of climate change Nobbs, Christopher creator author text monographic eng

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xxiv, 273 pages : illustrations ; 25 cm. How should we conduct economics in an era of climate change, natural resource depletion and population increase? These issues are systemic, and involve great uncertainties and long time horizons. This book contends that the free-market economics that has dominated capitalist democracies in recent decades is not up to the task; that the welfarist economics that preceded it, while preferable, also has inadequacies; and that what is required is an economics founded on ecological principles, greater respect for the laws of natural science, and a moral commitment to a sustainable future. Narrative on the history of macroeconomics -- Microeconomics and the economics of welfare -- Economics and ethics -- Economics and the liberal context -- Economics and ideology -- Economy in society -- International economy and globalization -- Economy in the physical world -- Economics and climate change -- Economics from a deontological perspective -- Democracy, citizenship -- Economics: a prospective view Christopher Nobbs Includes bibliographical references (p. [239]-268) and index Environmental economics HC79.E5 NOB 9781138798861 (paperback) 260618 20260619083723.0 eng