This article provides a thick description (Geertz, 1973) of sustainability economics. Baumgärtner and Quaas (2010a, b) have proposed as an alternative to ecological economics the new field of sustainability economics, which has triggered various replies. The purpose here is to order and to...

The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...

In the rural economy land is the site of production. Our villagers live and work with close relationship with nature; they love and adore nature. Intensification of resource use and diversification of occupation (even if we call it as technological advancement) pose serious challenges to balanced...