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Many of the early debates about economic methodology, marginalism versus discontinuous change, stasis versus turbulence, co‐operation versus competition, were at base questions of general scientific methodology. During the past 20 years or so there has been a virtual revolution in the field of...
Persistent link: https://www.econbiz.de/10014806749
Examines the impact of humans on the Earth, and how natural resources are related to economic wellbeing. Links evolution and increases in population to natural causes. Discusses the co‐evolution of nature and society, and the unsustainable system that humans have created. Shows how...
Persistent link: https://www.econbiz.de/10014805954
Among biologists it is generally recognized that market activity is having a devastating effect on the biological world. The current worldwide loss of biodiversity may be of the same order of magnitude as the five mass extinctions which have decimated life on earth during the past 500 million...
Persistent link: https://www.econbiz.de/10014806023
Resource use policy based on standard (neoclassical) economic theory is driven by the assumption that “getting the prices right” is the key to sustainable resource use. Although most neo‐classical economists now agree that market prices may substantially undervalue biological features, the...
Persistent link: https://www.econbiz.de/10014806229