This work proposes that new economic theory, rather than a new public policy based on old theory, is needed to guide humanity toward sustainability. The book includes the ideas from old as well as new institutional economics, discussed in detail by leading experts in the field. This book follows a companion work, 'Economics, Sustainability, and Natural Resources: Economics of Sustainable Forest Management', volume 1 of the series.In effect, the system will have as many resources in the future as it had in the past . But, does sustainability refer to the parts, or to the whole? Is sustainability important for a community, or only for the nation state, or, even more broadly, is theanbsp;...
|Title||:||Institutions, Sustainability, and Natural Resources|
|Author||:||Shashi Kant, R. Albert Berry|
|Publisher||:||Springer Science & Business Media - 2006-01-17|