This book "focuses on how the field of economics must change and incorporate environment, energy, health and new technologies that are called externalities for stopping and reversing climate change." - P. 4 of cover

"The Bet uses a legendary wager between the Stanford biologist Paul Ehrlich and the conservative University of Illinois economist Julian Simon to examine the roots of modern environmentalism and its relationship to broader political conflicts in the nation. Ehrlich, author of the landmark 1968...

Prologue: opening the door on Malthus's rollercoaster -- Before Malthus: population, economy and environment in eighteenth century England -- Prophets of perfection: a revolutionary triptych -- The first inconvenient truth: Malthus's essay and the quiet revolution of 1798 -- "Diarrhoea of the...

Introduction -- The global ecosystem -- The government sectors -- The household sectors' initial choices -- The nonrenewable resource industry -- The capital goods industry -- The consumption goods industry -- The renewable resource industries -- The banking sectors -- Summary of production,...