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Rethinking the environment

In: A Modern Guide to Rethinking Economics

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  • Robert H. Scott

Abstract

This chapter discusses how ecological economics contains the perspective needed to align the interests of the economy with the limitations of the natural environment. This approach differs from the anthropocentric neoclassical environmental economics that adheres to traditional microeconomic analysis for thinking about natural resources, pollution and measuring economic progress. Our biosphere is under immense strain: a growing world population, climate change, water pollution and many other current and impending environmental challenges. Achieving a steady-state economy can alleviate some of the pressures living on a finite planet put on the biosphere while promoting economic security and advancement.

Suggested Citation

  • Robert H. Scott, 2017. "Rethinking the environment," Chapters, in: Louis-Philippe Rochon & Sergio Rossi (ed.), A Modern Guide to Rethinking Economics, chapter 17, pages 319-336, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16503_17
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    Keywords

    Economics and Finance;

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