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You Can't Eat GNP: Economics As If Ecology Mattered Hardcover – April 27, 2000
| Price | New from | Used from |
- Print length247 pages
- LanguageEnglish
- PublisherPersus Publishing
- Publication dateApril 27, 2000
- Dimensions5.5 x 0.75 x 8.25 inches
- ISBN-100738202762
- ISBN-13978-0738202761
- Lexile measure1490L
Editorial Reviews
Amazon.com Review
As Davidson explains, the system of neoclassical economics, which governs our economy, assigns value to goods depending on the level at which they're produced and consumed. For example, marketed consumer products like bread hold high value, while bread's main ingredient, flour, holds less. Flour in its unprocessed form, wheat, holds even less value, and the soil from which wheat is grown holds the least worth of all. This triangle has become an exact inversion of the ecologist's pyramid, however, in which soil--which supports the entire ecological system, from plants to herbivores to carnivores--is viewed as the pyramid's stabilizing resource. Davidson argues these opposing models must be integrated in order to preserve the ecological system that sustains our economic system. He doesn't propose a "back to nature" solution, nor does he negate the importance of technological developments stimulated by our present mode of economics. He does, however, agree with R.H. Tawney's observation that "If economic ambitions are good servants, they are bad masters." Davidson examines the environmental effects of rigidly employed economic values such as cost-benefit analysis and considers the inevitable economic effects of global warming, waste disposal, and the failure to pursue sustainability. Though his proposals for change are not extensive, he does offer workable (and sometimes controversial) suggestions for both individual and community action.
An author as well as a respected scientist, Davidson writes in clear, lucid prose, making the sciences of economics and ecology accessible to the nonscientific reader, without dumbing down his arguments. He supports his points with relevant, contemporary examples, highlighting the vital importance of managing the economy in conjunction with the environment. As this intelligent treatise wryly reminds us, no matter how booming the economy, we'll never be able to eat our gross national product. --S. Ketchum
About the Author
George M. Woodwell, Ph.D., renowned ecologist and president of the Woods Hole Research Center, is a founding director of the Natural Resources Defense Council.
Product details
- Publisher : Persus Publishing; First Edition (April 27, 2000)
- Language : English
- Hardcover : 247 pages
- ISBN-10 : 0738202762
- ISBN-13 : 978-0738202761
- Lexile measure : 1490L
- Item Weight : 14.4 ounces
- Dimensions : 5.5 x 0.75 x 8.25 inches
- Best Sellers Rank: #5,497,798 in Books (See Top 100 in Books)
- #5,532 in Theory of Economics
- #11,269 in Environmental Economics (Books)
- #13,633 in Environmentalism
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But I found that I could not finish reading it. I am perfectly happy reading very dry and (to other people) very dull, long economics books, but I could not finish this one. I promise you: I really tried to read the whole thing. But even after several attempts I couldn't force myself to read past the third chapter.
Maybe if you are already an environmentalist, you may find some value in this book. But if you are unconvinced that environmentalism is correct before reading it, then you will not get convinced.
This is an informative book written in a very engaging, if polemical style. As the subtitle (Economics as if Ecology Mattered) suggests, the general approach is to contrast the ways ecologists and economists look at the natural environment and to show how traditional economic theory encourages resource depletion and pollution. That may sound like a mouthful, but Davidson's approach is to introduce, illustrate, and even popularize economic concepts (pricing, cost-benefit analysis, marginal analysis, discount rates, and externalities) from the critical perspective of an ecologist. Along the way, he invents some "fallacies" (which, arguably, he also succumbs to), provides graphic visualization aids to contrast the different ways ecologists' and economists' view natural resources, and he explores some interesting case studies and possibilities based on his own work in the Brazilian rainforest. As an introduction to both environmental studies and basic concepts in (micro)economics, the book succeeds on two levels. (As an introduction to macroeconomics and sustainability, it probably succeeds on only one - environmental studies.)
Unfortunately, the strengths of the book, namely, its simplicity, also point to its weaknesses. For anyone who, like Davidson, has been struggling along this same path (me, for instance), it seems clear that Davidson's book cannot hope to convince professional economists or policy-makers who, to give them credit, possess far more theoretical virtuosity than Davidson's arguments might suggest. To make matters worse, popular works of (micro)economics are often written by economists who are staunch libertarians, and their counterarguments would be...well, it wouldn't be pretty. They inhabit a theoretical universe which does not recognize a "precautionary principle" higher than free choice, and they abhor the kinds of government intervention and regulation that Davidson's brand of environmental economics suggests. Indeed, most of the time Davidson is arguing for a normative (what should be), rather than a positive (what is) brand of ecological economics that is never made explicit (enough). Ultimately these kinds of theoretical differences boil down to questions about human nature, and the darker, greedier view of humans, who blindly follow their self-interest and `trash the commons', has a proven, if hardly illustrious, record in both theory and practice. Davidson's critique notwithstanding, one can't help but fear for the fate of homo ecologicus who pursues long-term sustainability, but is forced to compete with homo economicus who sees only short-term gains.
In his conclusion, Davidson makes some suggestions about what kinds of constructive steps individuals can make on their own. Foremost among them is to `lend this book to someone who is unlikely to buy literature on science, economics, and the environment.' Frankly, since he is preaching to the converted when it comes to me, I will follow his suggestion and lend the book out. But I also intend to follow his recommendation regarding audience - which underscores my only caveat.