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Engines, ecologies and economic systems

In: Public Debt

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Abstract

This chapter asks the reader to think whether an economy in its entirety is better construed as an engine or as an ecological system. By treating it as an engine, economists can pretend to be mechanics. Once an economy is recognized to be a complex ecological system, the mythology of global governance gives way to the reality of multiple sources of local governance. For democracies, there is no person who can reasonably be described as making choices for the regime. Instead, choices emerge out of processes of interaction among collections of people.

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  • ., 2017. "Engines, ecologies and economic systems," Chapters, in: Public Debt, chapter 3, pages 57-83, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17704_3
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    Cited by:

    1. Asongu, Simplice A & Odhiambo, Nicholas M, 2020. "Inequality and Renewable Energy Consumption in Sub-Saharan Africa: Implication for High Income Countries," Working Papers 26932, University of South Africa, Department of Economics.
    2. Long Ho & Peter Goethals, 2020. "Research hotspots and current challenges of lakes and reservoirs: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(1), pages 603-631, July.
    3. Michelle Scobie, 0. "International aid, trade and investment and access and allocation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-16.
    4. Alan Collins & Caroline Cox & Juniours Marire, 2020. "On the judicial annulment of the ‘domestic’ trade moratorium in South African rhinoceros horn: a law and economics perspective," European Journal of Law and Economics, Springer, vol. 49(3), pages 361-372, June.
    5. Günseli BERIK, 2020. "Measuring what matters and guiding policy: An evaluation of the Genuine Progress Indicator," International Labour Review, International Labour Organization, vol. 159(1), pages 71-94, March.
    6. Hamid El Bilali, 2020. "Transition heuristic frameworks in research on agro-food sustainability transitions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(3), pages 1693-1728, March.
    7. Margot Hurlbert, 2020. "Access and allocation: rights to water, sanitation and hygiene," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 339-358, June.
    8. Desirée Campagna & Giulio Caperna & Valentina Montalto, 2020. "Does Culture Make a Better Citizen? Exploring the Relationship Between Cultural and Civic Participation in Italy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 149(2), pages 657-686, June.
    9. Chenxi Li & Kening Wu & Xiangyu Gao, 2020. "Manufacturing industry agglomeration and spatial clustering: Evidence from Hebei Province, China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 2941-2965, April.
    10. Margot Hurlbert, 0. "Access and allocation: rights to water, sanitation and hygiene," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-20.
    11. Mingwei Sun & Katarzyna Grondys & Nazim Hajiyev & Pavel Zhukov, 2021. "Improving the E-Commerce Business Model in a Sustainable Environment," Sustainability, MDPI, vol. 13(22), pages 1-22, November.
    12. Huo, Hailong & Liu, Xunliang & Wen, Zhi & Lou, Guofeng & Dou, Ruifeng & Su, Fuyong & Zhou, Wenning & Jiang, Zeyi, 2021. "Case study of a novel low rank coal to calcium carbide process based on techno-economic assessment," Energy, Elsevier, vol. 228(C).
    13. McDonough, Kelsey & Hutchinson, Stacy & Moore, Trisha & Hutchinson, J.M. Shawn, 2017. "Analysis of publication trends in ecosystem services research," Ecosystem Services, Elsevier, vol. 25(C), pages 82-88.
    14. Dian Yulie Reindrawati & Upik D. E. Noviyanti & Tamara Young, 2022. "Tourism Experiences of People with Disabilities: Voices from Indonesia," Sustainability, MDPI, vol. 14(20), pages 1-21, October.
    15. Obadiah Jonathan Gimba & Abdulkareem Alhassan & Huseyin Ozdeser & Wafa Ghardallou & Mehdi Seraj & Ojonugwa Usman, 2023. "Towards low carbon and sustainable environment: does income inequality mitigate ecological footprints in Sub-Saharan Africa?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(9), pages 10425-10445, September.
    16. Michelle Scobie, 2020. "International aid, trade and investment and access and allocation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 239-254, June.

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