The past fifty years have witnessed the triumph of an industrial development that has engendered great social and environmental costs. Conventional economics has too often either ignored these costs or failed to analyse them appropriately. This book constructs a framework within which the wider impacts of economic activity can be both understood and ameliorated. The framework places its emphasis on an in-depth understanding of real-life processes rather than on mathematical formalism, sressing the independence of the economy with the social, ecological and ethical dimensions of human life.

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Bibliographic Details

Title: Real Life Economics
Publisher: Routledge
Publication Date: 1992
Language: English
ISBN 10: 0415079772
ISBN 13: 9780415079778
Binding: Paperback
Condition: Good

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In Real Life Economics , the authors construct an economic framework with which to address the wider implications of the industrial economy. They illuminate and offer guidance about practical matters of an economic nature in the real world.

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Paul Ekins, Manfred Max-Neef

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