Global Environmental Economics: Equity and the Limits to Markets represents a stimulating collaboration by economists, ethicists, political scientists, demographers, and ecologists from around the world.
- Global Environmental Economics: Equity and the Limits to Markets represent a stimulating collaboration by economists, ethicists, political scientists, demographers, and ecologists from around the world.
- By focusing on the implications for future generations and the people of developing countries, the editors provide an alternative to standard approaches that have concentrated on the short-term solutions consumers or markets are willing to support.
- The book illustrates that issues of equity can be applied to global environmental problems as well as taking a more central role in economic theory. It contends that new developments in social-choice theory offer a better foundation than traditional welfare economics.