Valuing Nature?
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Overview
Valuing Nature? questions the dominant economic methods of evaluating the environment. Innovatively, it asks what role economics should play in setting our environmental objectives. Topics include: a critique of neo-classical economic thought on the environment; environmental economics, institutions and policy; and relocating environmental economics. Contributors include Geoffrey Hodgson, Clive Spash, Micheal Jacobs, Brian Hynne, John O'Neil.Synopsis
Valuing Nature? questions the dominant economic methods of evaluating the environment. Innovatively, it asks what role economics should play in setting our environmental objectives. Topics include: a critique of neo-classical economic thought on the environment; environmental economics, institutions and policy; and relocating environmental economics. Contributors include Geoffrey Hodgson, Clive Spash, Micheal Jacobs, Brian Hynne, John O'Neil.
Booknews
Foster (Lancaster U.) and his UK colleagues argue that responding to environmental concerns by valuing the environment as a consumer good only makes matters worse. Contributions from economists, philosophers, and sociologists discuss the structure of environmental policy-making; the current orthodoxy in environmental economics and its deficiencies; the deeper problems with contingent valuation surveys and cost-benefit analysis for environmental decisions; and alternative valuation methods. Annotation c. by Book News, Inc., Portland, Or.