Global Environmental Economics

Global Environmental Economics: Equity and the Limits to Markets represents a stimulating collaboration by economists, ethicists, political scientists, demographers, and ecologists from around the world. Global Environmental Economics: Equity and the Limits to Markets represent a stimulating collaboration by economists, ethicists, political scientists, demographers, and ecologists from around the world. By focusing on the implications for future generations and the people of developing countries, the editors provide an alternative to standard approaches that have concentrated on the short-term solutions consumers or markets are willing to support. The book illustrates that issues of equity can be applied to global environmental problems as well as taking a more central role in economic theory. It contends that new developments in social-choice theory offer a better foundation than traditional welfare economics. The work also illustrates that new developments in social choice theory offer a better foundation than traditional welfare economics.