Economics of a Crowded Planet

£59.99

Economics of a Crowded Planet

Central / national / federal government policies Economic theory and philosophy Political economy Environmental economics The environment

Author: Fraser Murison Smith

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Language: English

Published by: Palgrave Macmillan

Published on: 8th November 2019

Format: LCP-protected ePub

Size: 3 Mb

ISBN: 9783030317980


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 quite unlike those of the 20th-century mainstream.

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