Earth economics studies the economy of our planet from the perspective of an autarkic system (a “closed economy”). It ignores the constituent national and regional parts of the planet economy and focuses on the whole. The book respects the heritages of IS/LM (Keynes) and neoclassical growth (Solow) not out of economic respect but because these tools are very useful in understanding the crisis and the policy response to that crisis.
Monday, August 21, 2017
SDGs and income inequality
The new global targets for development, the Sustainabe Development Goals, do not consider income inequality although the SDGs pay some lip service. This new and exciting edited volume published by Edward Elgar provides an overview of the state of the art, including the often forgotten issue of how to measure progress regarding a more inclusive development of Earth
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