You Can't Eat Gnp: Economics A
Davidson, Eric
ISBN 10: 0738204870 ISBN 13: 9780738204871
Published by Basic Books, 2001
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Soft cover
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About this Item
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Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00097079169
Synopsis:
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.
About the Author: Eric A. Davidson, Ph.D. is a senior scientist at the Woods Hole Research Center.
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Bibliographic Details
Title: You Can't Eat Gnp: Economics A
Publisher: Basic Books
Publication Date: 2001
Binding: Soft cover
Condition: Good