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The Political Economy of Environmental Justice
The environmental justice literature convincingly shows that poor people and minorities live in more polluted neighborhoods than do other groups. These findings have sparked a broad activist movement, numerous local lawsuits, and several federal policy reforms. Despite the importance of environmental justice, the topic has received little attention from economists. And yet, economists have much to contribute, as several explanations for the correlation between pollution and marginalized citizens rely on market mechanisms. Understanding the role of these mechanisms is crucial to designing policy remedies, for each lends itself to a different interpretation to the locus of injustices. Moreover, the different mechanisms have varied implications for the efficacy of policy responses—and who gains and loses from them. In the first book-length examination of environmental justice from the perspective of economics, a cast of top contributors evaluates why underprivileged citizens are overexposed to toxic environments and what policy can do to help. While the text engages economic methods, it is written for an interdisciplinary audience.
Pricing the Priceless
While large literatures have separately examined the history of the environmental movement, government planning, and modern economics, Pricing the Priceless triangulates on all three. Offering the first book-length study of the history of modern environmental economics, it uncovers the unlikely role economists played in developing tools and instruments in support of environmental preservation. While economists were, and still are, seen as scientists who argue in favour of extracting natural resources, H. Spencer Banzhaf shows how some economists by the 1960s turned tools and theories used in defense of development into arguments in defense of the environment. Engaging with widely recognized names, such as John Muir, and major environmental disasters such as the Exxon Valdez oil spill, he offers a detailed examination of the environment, and explains how economics came to enter the field in a new way that made it possible to be "on the side" of the environment.
Environmental Policy Analysis with Limited Information
The transfer process, a technique used in analysis by government agencies to assess environmental regulatory policy, adapts information and data from existing studies and so provides an economical way to assess potential benefits and costs for projects. This book presents the framework for examining the transfer of information, introduces methodology that refines this process, outlines the basic steps of the method, and discusses solutions to frequently encountered problems. An extended case study of environmental externalities from electricity generation illustrates the method's use. Annotation copyrighted by Book News, Inc., Portland, OR
Environmental Racism and Classism
Flint’s water supply tainted with lead. Chicago’s toxic “donut.” Louisiana’s “cancer alley.” Corporate waste poisoning developing nations. These are all examples of environmental racism. Readers of this compelling anthology will be awakened to many examples of poor and minority communities that suffer physically, emotionally, and financially from living in a toxic environment. With no political clout and few available resources, these victims find themselves abandoned by the environmental movement and bullied by environmental policies. The burgeoning environmental justice movement argues that environmental protection is a basic right. After reading the informative viewpoints in this volume, students will come to their own conclusions.
The Physiocrats and the World of the Enlightenment
Offers a framework for understanding physiocratic theory and the development of modern economics.
An Introduction to Modern Welfare Economics
This is the first book in welfare economics to be primarily intended for undergraduates and non-specialists. Concepts such as Pareto optimality in a market economy, the compensation criterion, and the social welfare function are explored in detail. Market failures are analysed by using different ways of measuring welfare changes. The book also examines public choice, and the issues of provision of public goods, median voter equilibrium, government failures, efficient and optimal taxation, and intergenerational equity. The three final chapters are devoted to applied welfare economics: methods for revealing people's preferences, cost-benefit analysis, and project evaluation in a risky world. The book is intended for introductory and intermediate courses in welfare economics, microeconomics, and public economics. It will also be suitable for courses in health economics, environmental economics, and cost-benefit analysis, as well as those undertaking project evaluations in government agencies and private firms.
Shades of Green
This in-depth study of fourteen pulp manufacturing mills in the United States, Canada, Australia, and New Zealand provides the most extensive and systematic empirical examination, to date, of the reasons firms achieve the levels of environmental performance that they do.
The International Handbook on Non-Market Environmental Valuation
Non-market environmental valuation (NMEV) is undergoing a period of increased growth in both application and development as a result of increasing recognition of the role of economics in environmental policy issues. Against this backdrop, The International Handbook on Non-Market Environmental Valuation brings together world leaders in the field to advance the development and application of NMEV as a tool for policymaking. The expert contributors provide insights into the state of the art across the spectrum of both revealed and stated preference methods and highlight new directions being taken. A sequence of topical applications demonstrate various techniques and illustrate what can be achie...
Rethinking Environmental Justice in Sustainable Cities
As the study of environmental policy and justice becomes increasingly significant in today’s global climate, standard statistical approaches to gathering data have become less helpful at generating new insights and possibilities. None of the conventional frameworks easily allow for the empirical modeling of the interactions of all the actors involved, or for the emergence of outcomes unintended by the actors. The existing frameworks account for the "what," but not for the "why." Heather E. Campbell, Yushim Kim, and Adam Eckerd bring an innovative perspective to environmental justice research. Their approach adjusts the narrower questions often asked in the study of environmental justice, e...
Failed Promises
A systematic evaluation of the implementation of the federal government's environmental justice policies. In the 1970s and 1980s, the U.S. Congress passed a series of laws that were milestones in environmental protection, including the Clean Air Act and the Clean Water Act. But by the 1990s, it was clear that environmental benefits were not evenly distributed and that poor and minority communities bore disproportionate environmental burdens. The Clinton administration put these concerns on the environmental policy agenda, most notably with a 1994 executive order that called on federal agencies to consider environmental justice issues whenever appropriate. This volume offers the first systema...
