Overview
- Provides a new conceptual framework to understand the relationship between human economy and nature
- Combines ecological economics and complex systems theory
- Shows how elements of mainstream economics can be integrated into a generative economics of the future
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Table of contents (10 chapters)
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Front Matter
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Coevolution of the Economy and Nature
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Front Matter
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Where Is Economics Now?
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Front Matter
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Where Does Economics Need to Be?
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Front Matter
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Back Matter
Keywords
About this book
This book asks the question, how would economics look today and into the future if one started with a blank sheet of paper? Written mainly for a technical audience, yet accessible to the lay reader, Economics of a Crowded Planet addresses the ontology, epistemology and methodology of a future economics as if from outside the economy looking in. It presents a conceptual framework for a future economics drawing from systems science and hierarchy theory, integrating central concepts from present-day economics, so as to orient the field in a direction that can serve society’s future needs in practical ways.
The exposition reveals a paradigm called ‘market planetarianism’: the idea that the power of markets may be used to steer the economy toward a desired long-term goal. Both a prescriptive doctrine and an economic methodology, it treats the economy and nature as instances of complex, evolutionary systems, demanding analytical tools quiteunlike those of the 20th-century mainstream.
Authors and Affiliations
About the author
Fraser Murison Smith is an energy specialist in public utilities, formerly an information systems consultant and award-winning cleantech entrepreneur. After completing a PhD in theoretical ecology at Oxford University, he was a postdoctoral fellow at Stanford University in ecological economics. He has published papers on fisheries, biodiversity and economic development, as well as a book, Environmental Sustainability: Practical Global Implications (1997). Fraser and his wife, a healthcare technology leader, share their home in Northern California with two wonderful young children and a canoe and tent on standby for spontaneous forays into the surrounding mountains, rivers and lakes.
Bibliographic Information
Book Title: Economics of a Crowded Planet
Authors: Fraser Murison Smith
DOI: https://doi.org/10.1007/978-3-030-31798-0
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-31797-3Published: 22 November 2019
Softcover ISBN: 978-3-030-31800-0Published: 22 November 2020
eBook ISBN: 978-3-030-31798-0Published: 08 November 2019
Edition Number: 1
Number of Pages: XXIV, 428
Number of Illustrations: 64 b/w illustrations
Topics: Environmental Economics, Climate Change, Environmental Policy, Economic Policy, Heterodox Economics