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Toward a Political Economy of the Commons
Since Garrett Hardin published The Tragedy of the Commons in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.
Economic Growth and Wellbeing:
Over the past two decades, there has been growing interest in understanding the drivers of rapid growth rates of countries in Central, East and South Asia. For example, countries such as China, Lao PDR, Vietnam, Uzbekistan and Mongolia were in the list of most rapid growing countries in the period of 2000-2020. As a result, these countries have considerably increased quality of life, standards of living and life satisfaction. This book offers all-encompassing evidence on some of the drivers and correlates of economic growth and quality of life in the Belt and Road Initiative countries. It explores the relationships between renewable energy and CO2 emissions, financial development and economic growth, institutional and life satisfaction, among others.
Strategies and Challenges of Sustainable Development in Eurasia
This book examines the main environmental challenges and their management in post-Soviet Eurasia and China. It uncovers international, national, and subnational dimensions in sustainable development and aims to facilitate understanding of pressing environmental problems in the region. While supporting the values and goals of sustainable development at the international level, states might employ very different strategies at the national, regional and local levels. The goal of this edited book is twofold. First, it aims to advance our understanding of different strategies, paying special attention to China and Russia at global, national, and sub-national levels. Thus, analysis of their strate...
The Economics of Prosperity
This book presents a general theory of the economics of prosperity. Drawing upon both historic and contemporary Austrian economic thinking, it looks beyond merely identifying various isolated causes of economic growth and development to describe and explain the process of economic progress. It brings together various economic principles related to production, exchange, the market division of labor, capital, technology, entrepreneurship, and economic calculation, and a further understanding of how different institutional settings and specific policies all affect the process of economic progress. It also provides a helpful critique of modern growth theory.
Participatory Practice in Space, Place, and Service Design
'Participatory Practice in Space, Place, and Service Design' is premised on a belief in the importance of participatory practices in finding creative solutions to the plethora of problems we face today. It argues that engaging professions with the public in mutual exploration, analysis, and creative thinking is essential. It not only ensures better quality products, places, services, and a greater sense of civic agency but also facilitates fuller access to them and the life opportunities they can unleash. This book offers a uniquely varied perspective of the myriad ways in which participatory practices operate across disciplines and how they impact the worlds and communities we create and in...
Bettering Humanomics
Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor—not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of “humanomics,” which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She a...
A Good Life on a Finite Earth
The potential conflict among economic and ecological goals has formed the central fault line of environmental politics in the United States and most other countries since the 1970s. The accepted view is that efforts to protect the environment will detract from economic growth, jobs, and global competitiveness. Conversely, much advocacy on behalf of the environment focuses on the need to control growth and avoid its more damaging effects. This offers a stark choice between prosperity and growth, on the one hand, and ecological degradation on the other. Stopping or reversing growth in most countries is unrealistic, economically risky, politically difficult, and is likely to harm the very group...
