Book ID: 97841
Daly, Herman and Joshua Farley
Ecological Economics. Principles and Applications. 2nd ed. 2010. 488 p. gr8vo. Hardcover.
Ecological Economics is an introductory level textbook for an emerging paradigm that addresses this flaw in much economic thought. The book defines a transdiscipline that incorporates insights from the biological, physical, and social sciences, and it offers a pedagogically complete examination of this exciting new field. The book provides students with a foundation in traditional neoclassical economic thought, but places that foundation within a new interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. Introducing the three core issues that are the focus of the new transdiscipline scale, distribution, and efficiency, the book is guided by the fundamental question, often assumed but rarely spoken in traditional texts: What is really important to us? After explaining the key roles, the text is then organized around the main fields in traditional economics: microeconomics, macroeconomics, and international economics. The book also takes an additional step of considering the policy implications of this line of thinking.