102Chapter23 - – Nonmarket values can’t be spent in the...

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Chapter 23: Ecological Economics
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23.1 Economic Worldviews Can development be sustainable? Our defnitions oF resources shape how we use them Classical economics examines supply and demand Neoclassical economics emphasizes growth Ecological economics incorporates principles oF ecology
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Freedom and Growth 1200-1500 Growth in European internal markets 1500-1900 Territorial Expansion 1700-2000 Scientific and Technological Expansion Everyone gets a Bigger Slice Can Freedom Exist in a Zero-Sum World?
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The Laffer Curve
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23.2 Population, Technology, And Scarcity Scarcity can lead to innovation Carrying capacity is not necessarily fxed Economic models compare growth scenarios Why not conserve resources?
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23.3 Natural Resource Accounting Gross National (Domestic) product is our dominant growth measure Alternate measures account for well-being New approaches incorporate nonmarket values
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Unformatted text preview: – Nonmarket values can’t be spent in the marketplace • Cost-beneFt analysis aims to optimize resource use 23.4 Market Mechanisms Can Reduce Pollution • Using market forces • Is emissions trading the answer? • Sulfur trading offers a good model • Carbon trading is already at work 23.5 Trade, Development, and Jobs • International trade brings benefts but also intensifes inequities – NAFTA • Aid o±ten doesn’t help the people who need it – The±t, Misappropriation – Ine±±iciency and Bureaucracy – Ethnic, Religious and Class Rivalry • Microlending helps the poorest o± the poor 23.6 Green Business • New business models follow concepts of ecology • Efficiency starts with design of products and processes • Green consumerism gives the public a voice • Environmental protection creates jobs • Personally Responsible Consumerism...
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This document was uploaded on 12/31/2011.

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102Chapter23 - – Nonmarket values can’t be spent in the...

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