Waubonsee Community College

The wealth of nature, how mainstream economics has failed the environment, Robert L. Nadeau

eng

Includes bibliographical references (pages 225-240) and index

illustrations

index present

non fiction

The wealth of nature

bibliography

50906006

Robert L. Nadeau

how mainstream economics has failed the environment

This provocative book explains why neoclassical economic theory cannot account for the costs of doing business in the global environment Annotation. The fundamental problem is that the neoclassical economic conception of the relationship between parts such as economic actors and firms, and whole market systems is totally incompatible with the environmental relationships between organisms and the whole ecosystem or the biosphere, says Nadeau (history of science, George Mason U.). Beginning there, he argues that there is no basis for positing viable economic solutions to environmental problems within a neoclassical framework

Homo Economicus and the environmental crisis -- Metaphysics, Newtonian Physics, and classical economics -- The Neoclassical economists and mid-nineteenth century physics -- Mainstream economics and globalization -- Environmental economics -- Ecological economics -- Emergence and a new view of order -- Cosmic connections -- The costs of doing business in the global environment -- Science, ethics, and the environmental crisis