Editorial Review | In an enormously ambitious and significant research programme, Professor Barbier has been reworking economic history from the deep past to the present by including environmental assets in societal accounts. In this book he adds to that account of history by providing quantitative estimates of the place of those assets in a society's wealth. This is work of a very high order and insight.' Sir Partha Dasgupta, Frank Ramsey Professor Emeritus of Economics, University of Cambridge, UK 'Ed Barbier has masterfully brought together environmental degradation and wealth inequality into a coherent and practical development strategy. He spells out how pricing nature and targeting inefficient natural resource use can be combined with human capital investment to tackle poverty in developing countries. It is a blueprint for a sustainable future.' - Dieter Helm, author of Natural Capital Valuing the Planet 'In Nature and Wealth Ed Barbier traces the origins of today's imbalance between our economies and our environment, graphically illustrating how the economic invisibility of nature has led to a pervasive and enduring misallocation of capital: one that privileges resource extraction for short-term gains, while leaving large segments of society without the skills or jobs they need to create income and sustain livelihoods. Lucidly written and anchored in empirical data, this book makes a timely and compelling contribution to the literature showing why a fundamental realignment of market institutions, policies and prices is needed to create and sustain wealth beyond the ephemeral pursuit of growth and how this can be achieved.' Steven Stone, Chief, Economy and Trade Branch, United Nations Environment Programme |