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Quantitative economics: how sustainable are our economies

By: Bartelmus, Peter.
Publisher: New York Springer 2008Description: xxx, 329p.ISBN: 9781402069659.Subject(s): Economics -- Sustainable development -- Economic development -- GlobalisationDDC classification: 330 Summary: Quantitative Economics" cuts through the fog of vision and advocacy by comparing and applying new quantitative tools of both environmental and ecological economics. Environmental accounts and empirical analyses provide operational concepts and measures of the sustainability of economic performance and growth. They facilitate rational and compatible environmental and economic policies. This thought-provoking text raises doubts, however, about the measurability of sustainable development. Has the paradigm run its course? The answer is a guarded ‘yes’ – guarded because the concept still carries considerable environmental goodwill. At the same time the opaque concept fosters contradictory policy advice, or worse, inaction. Do we need zero- or accelerated economic growth? Should we reduce conspicuous consumption or enjoy spending as we see fit? Will rules and regulation or adjusted markets prevent environmental disaster? "Quantitative Economics" does not brush over open questions, but puts them in perspective. It ends as it began with "questions, questions, questions". The objective is to foster a dialogue between pessimistic environmentalists and more optimistic economists, and furthermore to bring these concepts and tools to the attention of classrooms, boardrooms and offices
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includes index

Quantitative Economics" cuts through the fog of vision and advocacy by comparing and applying new quantitative tools of both environmental and ecological economics. Environmental accounts and empirical analyses provide operational concepts and measures of the sustainability of economic performance and growth. They facilitate rational and compatible environmental and economic policies.

This thought-provoking text raises doubts, however, about the measurability of sustainable development. Has the paradigm run its course? The answer is a guarded ‘yes’ – guarded because the concept still carries considerable environmental goodwill. At the same time the opaque concept fosters contradictory policy advice, or worse, inaction. Do we need zero- or accelerated economic growth? Should we reduce conspicuous consumption or enjoy spending as we see fit? Will rules and regulation or adjusted markets prevent environmental disaster?

"Quantitative Economics" does not brush over open questions, but puts them in perspective. It ends as it began with "questions, questions, questions". The objective is to foster a dialogue between pessimistic environmentalists and more optimistic economists, and furthermore to bring these concepts and tools to the attention of classrooms, boardrooms and offices

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