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Towards an Integrated Paradigm in Heterodox Economics
 
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Towards an Integrated Paradigm in Heterodox Economics
Alternative Approaches to the Current Eco-Social Crises
 
 
Palgrave Macmillan
 
 
 
 
 
12 Dec 2011
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£71.00
|Hardback In Stock
  
9780230303584
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DescriptionContentsAuthors

Since the thermo-industrial revolution the human imprint on the Biosphere has become so important that some scientists speak of a new geological era, the 'Anthropocene.' The current financial, social and energy crises need tobe understood in this irreversible context, and require a new kind of economic thinking. Conventional theory and practice has failed to take account of the scale and significance of this unparalleled historical situation.

This book examines the rich intellectual traditions of heterodox economics - particularly ecological and critical institutional economics - toprovide guidelines for an alternative paradigm for thisnew age. The authors develop key integrative concepts such as social metabolism, value pluralism, evolution and community, gathering together some of the world's foremost heterodox economists.


Description

Since the thermo-industrial revolution the human imprint on the Biosphere has become so important that some scientists speak of a new geological era, the 'Anthropocene.' The current financial, social and energy crises need tobe understood in this irreversible context, and require a new kind of economic thinking. Conventional theory and practice has failed to take account of the scale and significance of this unparalleled historical situation.

This book examines the rich intellectual traditions of heterodox economics - particularly ecological and critical institutional economics - toprovide guidelines for an alternative paradigm for thisnew age. The authors develop key integrative concepts such as social metabolism, value pluralism, evolution and community, gathering together some of the world's foremost heterodox economists.


Contents

The Integration of Social, Ecological and Economic Knowledge; C. Spash
The Fog of Economics; R. Ayres
New Narratives for Sustainability: The Red Pill for Economists; M. Giampietro & K. Mayumi
Social Metabolism, Environmental Cost-Shifting and Valuation Languages; J. Martinez-Alier
Meanings and Significance of Property with Reference to Today's Three Major Eco-Institutional Crises; R. Steppacher & J. Gerber
An Institutional and Evolutionary Critique of Natural Capital; L. Krall & J. Gowdy
From Utilitarianism to Evolution in Ecological Economics; G. Hodgson
Economics: The Dismal Science? S. Marglin
Moving from a Failed Growth Economy to a Steady-State Economy; H. Daly
Global Poverty and Financial Crisis: Are We Trapped in an Obsolete Economic Order? D. Bromley


Authors

JULIEN-FRANÇOIS GERBER is Visiting Fellow at the Department of Economics, Harvard University, USA. After studying Ecology and International Development inBiology and Development in Zurich and Geneva, he did his PhD in Ecological Economics at the Autonomous University of Barcelona, Spain. He has published several articles in journals such as Ecological Economics, Agrarian Change and Global Environmental Change.

ROLF STEPPACHER is a retired Senior Lecturer of ecological and institutional economics at The Graduate Institute of International and Development Studies, Geneva, Switzerland, and of Economic Anthropology at the University of Zurich, Switzerland. His most recent book is The Foundations of Institutional Economics by K. William Kapp (2011, co-edited with S. Berger).