Valuing the Earth

Valuing the Earth : Economics, Ecology, Ethics

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"Valuing the Earth" collects more than 20 essays that broaden economic thinking by setting the economy in its ecological and ethical context. They demonstrate that, contrary to current macro-economic preoccupations, continued growth on a planet of finite resources cannot be physically or economically sustained and is morally undesirable. Among the issues addressed are population growth, resource use, pollution, theology (east and west), energy, and economic growth. Their common theme is the notion, popular with classical economists from Malthus to Mill, that an economic stationary state is more healthful to life on earth than unlimited growth. A number of essays in the first edition have become classics and have been retained for this edition, which adds six new essays. The contributors are: Kenneth E. Boulding, John Cobb, Herman E. Daly, Anne H. Ehrlich, Paul R. Ehrlich, Nicholas Georgescu-Roegen, Garrett Hardin, John P. Holdren, M. King Hubbert, C.S. Lewis, E.F. Schumacher, Gerald Alonzo Smith, T.H. Tietenberg, and Kenneth N. Townsend.
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Product details

  • Hardback | 384 pages
  • 149.86 x 231.14 x 27.94mm | 771.1g
  • MIT Press
  • Cambridge, Mass., United States
  • English
  • New edition
  • second edition
  • 16
  • 0262041332
  • 9780262041331

Table of contents

Introduction to "Essays toward a Steady-State Economy", Herman E. Daly. Part 1 Ecology - ultimate means and biophysical constraints: introduction, Herman E. Daly and Kenneth N. Townsend; why isn't everyone as scared as we are?, Paul R. Ehrlich and Anne H. Ehrlich; availability, entropy, and the laws of thermodynamics, Paul R. Ehrlich, et al; the entropy law and the economic problem, Nicholas Georgescu-Roegen; exponential growth as a transient phenomenon in human history, M. King Hubbert; the tragedy of the Commons, Garrett Hardin; second thoughts on "The Tragedy of the Commons", Garrett Hardin. Part 2 Ethics - the ultimate end and value constraints: introduction, Herman E. Daly and Kenneth N. Townsend; the age of plenty - a christian view. E.F. Schumacher; Buddhist economics, E.F. Schumacher; the purpose of wealth - a historical perspective, Gerald Alonzo Smith; ecology, ethics, and theology, John Cobb; the abolition of man, C.S. Lewis. Part 3 Economics - interaction of ends and means: introduction, Herman E. Daly and Kenneth N. Townsend; on economics as a life science, Herman E. Daly; sustainable growth - an impossibility theorem, Herman E. Daly; steady-state economies and the command economy, Kenneth N. Townsend; the economics of the coming spaceshihp earth, Kenneth E. Boulding; spaceship earth revisited, Kenneth E. Boulding; using economic incentives to maintain our environment, T.H. Tietenberg; the steady-state economy - toward a political economy of biophysical equilibrium and moral growth, Herman E. Daly; postscript - some common misunderstandings and further issues concering a steady-state economy, Herman E. Daly.
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36 ratings
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3 8% (3)
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