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Green Economics: An Introduction to Theory, Policy and Practice

By: Molly Scott Cato

224 pages, figs, tabs


Paperback | Dec 2008 | #178235 | ISBN-13: 9781844075713
Availability: Usually dispatched within 6 days Details
NHBS Price: £26.99 $33/€30 approx
Hardback | Dec 2008 | #178236 | ISBN-13: 9781844075706
Availability: Usually dispatched within 1-2 weeks Details
NHBS Price: £84.99 $104/€95 approx

About this book

The world as we know it needs a new economics. Climate change, financial crisis and out-of-control globalization - all the major problems facing the world have their root in the dominant economic system. Green economics offers an alternative to mainstream economics, which views society and the ecosystem as subsets of the wider, limitless global economy. Starting with the recognition of planetary limits and an understanding of the importance of using resources wisely, green economics views the economy as nested within society, which itself as part of the greater ecosystem.

This highly readable introduction explains the axioms of green economics including views on taxation, welfare, money, economic development and work through the work of its inspirational figures including Schumacher, Robertson and Douthwaite. It also explores the contributions and insights of schools of thought critical of the dominant 'neo-classical' economic paradigm, including ecofeminism, views from the global South, and the perspective of indigenous peoples. Examples of effective green policies that are already being implemented across the world are presented, as well as policy prescriptions for issues including economic measurement, localization, citizens' income, taxation and trade.

This book offers a comprehensive introduction to the emerging field of 'green economics' for students, economists, environmentalists and policy makers. It covers the origins and definition of 'green economics', its major intellectual pillars, and its relationship to ecological, environmental and mainstream 'neo-liberal' economics. It also contains examples and case studies from around the world including the UK, USA, Sweden and Canada.

'An excellent introduction to a rapidly developing branch of political economics ... the scope for debate is one of the things that makes this pioneering book so exciting.' Richard Douthwaite, Feasta, the Foundation for the Economics of Sustainability 'Ground-breaking ... I think her book is insightful, and contains many remarkable policy ideas' John-Paul Flintoff, The Sunday Times 'Here is a book which explains in clear terms the economic paradigm for the 21st Century.' Caroline Lucas, Green Party MEP and leader of the UK Greens 'Green Economics will be an invaluable aid.' James Robertson, Pioneer of the New Economics 'What is particularly refreshing in this account of a sustainable economy is the author's positive language and practical thinking ... At last, here is a serious book on economics which has a clear narrative and is enjoyable to read.' Green World 'It is a serious book written by the grown-up version of the kinds of people who are currently invading airports, chaining themselves to those coal trucks on the way to power stations and populating climate camps. ...I was convinced by many if not most of the arguments being put forward in this textbook. I found it clearly and consistently enough written to read from beginning to end without getting bored and I thought, at the end, if I were to be asked to teach a course on economic geography, then this is what I would turn to.' Journal of Economic Geography 'A fine reader for any college-level class in world economics and ecology.' The Bookwatch, Midwest Book Review, July 2010. 'Highly recommended to all budding 'economists'!' Brian Leslie, Sustainable Economics.


Introduction: Green Economics for People and the Planet * Part I: Theory * Where Did it all Start? * Economics and Identity * Part II: Vision for the Future * Work * Money * Green Business: From Maximising Profits to a Vision of Conviviality * Part III: Policies for a Green Economy * The Policy Context * Globalisation and Trade * Supporting the Local Economy * Green Taxation * Green Welfare * Land and the Built Environment * Index

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Molly Scott-Cato is a Reader in Green Economics at Cardiff School of Management and Economics Speaker for the Green Party. She is also a member of the core group of Transition Stroud and regularly addresses other Transition Towns on economics themes.

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