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Nature And Wealth: Overcoming Environmental Scarcity And Inequality paperback english - 24 Sep 2015

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PublisherPalgrave MacMillan
ISBN 139781137403384
ISBN 101137403381
Book SubtitleOvercoming Environmental Scarcity And Inequality
Book DescriptionDrawing on historical and contemporary evidence, this book argues that growing environmental degradation and wealth inequality are linked to how nature is exploited to create economic wealth. Ending the under-pricing of natural capital and insufficient human capital accumulation is essential to overcoming structural imbalance in modern economies.
Editorial ReviewIn 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
About the AuthorEdward B. Barbier is the John S Bugas Professor of Economics, Department of Economics and Finance, University of Wyoming, US. He is considered a leading economic thinker on the role of natural resources in economic development, and policies for promoting green and sustainable growth. He has published widely on these topics, with over 200 peer-reviewed journal articles and book chapters, 21 previous books, and many contributions to popular journals and social media.
LanguageEnglish
AuthorEdward Barbier
Publication Date24 Sep 2015
Number of Pages270

Nature And Wealth: Overcoming Environmental Scarcity And Inequality paperback english - 24 Sep 2015

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