Introduction: the economy and the environment -- Changing perspectives on the environment -- Resources, environment, and economic development -- Economic analysis of environmental issues -- The theory of environmental externalities -- Common property resources and public goods -- Resource...

The authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of...