"In clear, measured prose Davidson lays out how the traditional tools of economics don't work when you are talking about concrete things like soil, forests, garbage."-Inc.Ecology and economics are not doomed to be adversaries. This lively and concise book presents the exciting new insights of environmental economics as well as the three fallacies of conventional economic analysis. You Can't Eat GNP offers a blueprint for a truly sustainable economy that recognizes the natural resources (like water, air, and soil) on which ...
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"In clear, measured prose Davidson lays out how the traditional tools of economics don't work when you are talking about concrete things like soil, forests, garbage."-Inc.Ecology and economics are not doomed to be adversaries. This lively and concise book presents the exciting new insights of environmental economics as well as the three fallacies of conventional economic analysis. You Can't Eat GNP offers a blueprint for a truly sustainable economy that recognizes the natural resources (like water, air, and soil) on which we ultimately depend.Eric A. Davidson, Ph.D., is a senior scientist at the Woods Hole Research centre. His fieldwork takes him from the Brazilian Amazon to the re-growing forests of New England and he has conducted research at the University of California, Berkeley, and at the NASA Ames Research centre.A Merloyd Lawrence Book
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Here's a book for the majority of us who want to know more about how the economy works without all the big intellectual theories. What I especially value learning is about the hidden costs of industrial production. When the small organic farmer brings his fruits and vegetables to market, for example, he has to charge you what it cost him to produce them plus a profit or he will not be able to stay in business. The amount of the profit is where supply and demand come in. However, industrial producers don't pay for the costs of production in this straightforward way. They have various subsidies and economies of scale that remove the ability of the consumer to calculate the reason items imported from another continent cost less than those from the next county. Very interesting.