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You Can't Eat GNP: Economics as Though Ecology Mattered
by Eric A. Davidson, Ph.D.
Senior Scientist
The Woods Hole Research Center
"This is a wonderful book: an engaging guide both to
the flawed connections between current economics and the environment,
as well as to how they would work for a sustainable world. Everybody
should get their nose in this one."
- Thomas E. Lovejoy
- Chief Biodiversity Advisor, The World Bank
"Wonderfully perceptive, clear, and balanced account of what
we know about the interaction of the economy, the environment, and
the human condition - and about how that knowledge can be applied to
build a better future."
- John P. Holdren
- Teresa and John Heinz Professor of Environmental Policy
- Harvard University
"Who needs to be told that 'you can't eat GNP'? I know three
leading economists who say that we need not worry about greenhouse
climate change because agriculture, the only climate-sensitive sector
of the economy, accounts for only 3% of GNP. This book can set them
straight."
- Herman E. Daly
- University of Maryland
"With lucid strokes, Davidson paints a picture of a new world
in which the economy and the environment, long seen as natural enemies,
are reconciled to their mutual advantage. A good read."
- Jim MacNeill
- Former OECD Environment Director and Secretary General
- Brundtland Commission
Excerpts:
- Whence Comes Wealth?
- Three Fallacies About Economics Versus the Environment
- Richland for Dirt Cheap
- Two Views of the Value of Soil
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Chapter 3
- The Price is Wrong
- Advantages and Dangers of Cost-Benefit Analysis
Chapter 4
- Future Shock Discounted
- Another Devil in the Details of Cost-Benefit Analysis
Chapter 5
- Internalizing the Externalities
- Buying a Bunch of Blue Sky to Limit Global Warming
Chapter 6
- Global Garbage
- Malthus Revisited
Chapter 7
- In Search of Sustainability
- From Small Landholders to Macroeconomists
Chapter 8
- Fill the Earth and Conquer It, but Keep Two of Each Species
- Can Both Imperatives Be Achieved?
Chapter 9
- May We Live in Interesting TImes
- Some Modest Proposals for Profound Changes
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