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The Origins of Ecological Economics
Nicholas Georgescu-Roegen deserves to be called the father of ecological economics. This book connects Georgescu-Roegen's earlier work such as consumer choice theory and a critique of Leontief's dynamic model, with his later ambitious attempt to reformulate the economic process as 'bioeconomics', a theoretical alternative to neoclassical economics.
The Jevons Paradox and the Myth of Resource Efficiency Improvements
The Jevons Paradox, which was first expressed in 1865 by William Stanley Jevons in relation to use of coal, states that an increase in efficiency in using a resource leads to increased use of that resource rather than to a reduction. This has subsequently been proved to apply not just to fossil fuels, but other resource use scenarios. For example, doubling the efficiency of food production per hectare over the last 50 years (due to the Green Revolution) did not solve the problem of hunger. The increase in efficiency increased production and worsened hunger because of the resulting increase in population. The implications of this in todays world are substantial. Many scientists and policymake...
The Metabolic Pattern of Societies
It is increasingly evident that the conventional scientific approach to economic processes and related sustainability issues is seriously flawed. No economist predicted the current planetary crisis even though the world has now undergone five severe recessions primed by dramatic increases in the price of oil. This book presents the results of more than twenty years of work aimed at developing an alternative method of analysis of the economic process and related sustainability issues: it is possible to perform an integrated and comprehensive analysis of the sustainability of socio-economic systems using indicators and variables that have been so far ignored by conventional economists. The boo...
Bioeconomics and Sustainability
Economists from around the world discuss Georgescu-Roegen's (1906-94) theories in a number of areas, but especially on environmental and energy economics. They address such topics as how long neoclassical economists can continue to ignore his contribu
Energy Analysis for a Sustainable Future
This book explains why conventional energy analysis and statistics are not useful for generating robust energy scenarios and effective assessments of the quality of alternative energy sources. Then it presents an innovative multi-scale approach, illustrated with empirical results, for effectively dealing with sustainability in face of the coming energy crisis.
The Origins of Ecological Economics
This book connects Georgescu-Roegen's earlier work such as consumer choice theory and a critique of Leontief's dynamic model, with his later ambitious attempt to reformulate the economic process as 'bioeconomics'.
The Biofuel Delusion
Faced with the twin threats of peak oil and climate change, many governments have turned for an answer to the apparent panacea of biofuels. Yet, increasingly, the progressive implementation of this solution demonstrates that the promise of biofuels as a replacement to fossil fuels is in fact a mirage that, if followed, risks leaving us short of power, short of food and doing as much damage to the climate as ever -- let alone the consequent impact on biodiversity due to additional loss of habitat for agricultural production and on rural development due to the additional stress on traditional farming systems. Worse still, these risks are being ignored.In this definitive expos?, Mario Giampietro and Kozo Mayumi present a theoretical framework and exhaustive evidence for the case against large scale biofuel production from agricultural crops. This book will be vital, sobering reading for anyone concerned with energy or agricultural policy, or bioenergy as a complex system."
Biofuels, Solar and Wind as Renewable Energy Systems
The petroleum age began about 150 years ago. Easily available energy has s- ported major advances in agriculture, industry, transportation, and indeed many diverse activities valued by humans. Now world petroleum and natural gas s- plies have peaked and their supplies will slowly decline over the next 40–50 years until depleted. Although small amounts of petroleum and natural gas will remain underground, it will be energetically and economically impossible to extract. In the United States, coal supplies could be available for as long as 40–50 years, depending on how rapidly coal is utilized as a replacement for petroleum and natural gas. Having been comfortable with the security provided...
Post Keynesian and Ecological Economics
This book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development. Each chapter provides major insights into many of today s environmental problems such as global warming and sustainable growth. Building on the strengths and insights of Post Keynesian and ecological economics and incorporating cutting-edge work in economic complexity, bounded rationality and socio-economic dynamics, this book provides an interdisciplinary approach to deal with a broad range of environmental concerns. The contributors show how and where the two traditions share common ground concerning environmental problems and shed light on how the two schools can learn from one another. The book will be of great value to Post Keynesian and ecological economists as well as to those interested in new approaches to important global environmental issues.
