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Economics as a Political Muse : Philosophical Reflections on the Relevance of Economics for Ecological Policy - Marian Deblonde

Economics as a Political Muse

Philosophical Reflections on the Relevance of Economics for Ecological Policy

By: Marian Deblonde (Editor)

Hardcover

Published: 31st January 2002
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This book looks afresh, from a philosophical perspective, on the role economic theory plays in present-day ecological policy. It starts from fundamental questions concerning the nature of the problem of sustainability, of politics, and of economic science. It confronts the results of this investigation with the theoretical work of two prominent present-day economists. This book is written at a high academic level. It will be of interest to environmentalists, environmental economists, and for policy people charged with ecological problems.

Economics and Ecological Policyp. 1
Economics and the problem of sustainabilityp. 1
Which course to take?p. 4
Economists' Political Rolep. 4
Economic Practice within a Political Contextp. 9
An ecologically successful economicsp. 12
Two Standards for an Ecologically Successful Economicsp. 12
A Confrontation between David Pearce and Daniel Bromleyp. 13
Outline of the bookp. 13
Conclusionp. 14
The Economic and the Political Spherep. 17
Economic and political theories as conceptual constructsp. 18
Weber: Social Sciences as Ideal-Typical Conceptual Constructsp. 18
Neurath: Sciences as Historically Contingent Conceptual Constructsp. 21
Conclusionp. 24
Four conceptual constructs of the economic spherep. 25
Buchanan's political theoryp. 29
Public Choice Theory as an Extension of Economicsp. 29
Political actors as Homines Oeconomicip. 31
More Markets, Less Governmentp. 32
Processes as the Touch Stone of Politicsp. 32
Conclusionp. 34
Deliberative democracyp. 34
Economic versus Political Decision Unitsp. 35
"Homines Oeconomici" versus "Homines Politici"p. 35
"Goods and Services" versus "Laws"p. 37
Economic versus Political Institutionsp. 39
Conclusionsp. 40
Politics and sustainabilityp. 42
Conclusionsp. 43
The institutional and ecological dimension of an economyp. 47
Institutionsp. 48
Institutions as the Symbolic Dimension of Actionp. 48
Institutions as Historical Entitiesp. 52
Institutions as Simultaneously Restricting and Enabling Entitiesp. 53
Laws as "Public Facts"p. 55
Summaryp. 56
Institutional organisation and ecological performance of an economyp. 57
Economic Institutionsp. 57
Institutions Defining Economic Decision Unitsp. 57
Institutions Conditioning Economic Rationalityp. 57
Institutions Defining Economic Goods and Servicesp. 61
Summaryp. 63
The Institutional Whole of an Economyp. 64
Economy's Ecological Performancep. 65
Relevance of the "Institutional Whole"p. 68
Meaning of the "Institutional Whole"p. 70
Conclusionp. 76
Conclusionp. 77
Four norms for a politically successful economicsp. 79
Objectivep. 80
Descriptive and explanatoryp. 82
Weber: Pure Economics as a Political Toolboxp. 82
Pure Economics: Technically Applicablep. 83
Pure Economics: Theoretically, Empirically or Practically Valid?p. 86
Two Objectionsp. 88
A Historically Contingent Multiplicity of Economic Paradigmsp. 89
Conclusionp. 91
Neurath: Economic Theories as Scientific Utopiasp. 91
The Scientific Meaning of Predictionp. 92
Pseudo-Rationalismp. 93
Unified Sciencep. 94
The Political Relevance of Scientific Utopiasp. 96
Conclusionp. 99
Economic Theories as Political Musesp. 100
Impartial knowledgep. 102
Conclusionp. 104
A reconstruction of Pearce's economicsp. 107
Environmental economics as a "materials balance model"p. 108
An Ecological Input-Output Analysisp. 108
A Materials Balance Modelp. 110
Conclusionp. 112
Environmental economics as a kind of welfare economicsp. 112
A Neo-Classical Approachp. 113
Environmental Economics in the Service of "Sustainable Development"p. 116
Conclusionp. 121
Environmental politicsp. 122
The Ambiguity of the Concept "Allocative Efficiency"p. 122
Economic Institutions as a Matter of Economic Calculationsp. 124
Adding Economic Institutions: Two Problems of "Sustainability"p. 126
Conclusionp. 128
Conclusionp. 129
The nature of Pearce's economicsp. 131
Non-neutral objectivityp. 131
Objectivity as Practically Valid Non-Neutralityp. 132
Objectivity as Non-Neutral Empirical Validityp. 133
Prescription rather than non-neutral descriptionp. 137
Prediction rather than explanationp. 140
Partialityp. 141
Conclusionp. 144
A reconstruction of Bromley's economicsp. 147
An institutional approachp. 148
Economic institutionsp. 150
The Economic Spherep. 150
Propertyp. 152
Property Rightsp. 152
Property Regimesp. 154
Conclusionp. 157
The relationship between an economy and its ecological environmentp. 158
Nominal versus Real Boundariesp. 159
Externalitiesp. 160
Conclusionp. 165
The economic and the political spherep. 165
Institutional Transactions: Economic or Political Activitiesp. 165
The "Rationality" of Institutional Changep. 167
Sustainabilityp. 172
Conclusionp. 174
Conclusionp. 175
The nature of Bromley's economicsp. 177
Non-neutralp. 177
Propagandistic versus Paradigmatic Non-Neutralityp. 177
A Normative Analysis of Institutional Changep. 178
Four Motives for Institutional Changep. 179
Objectivep. 184
Descriptivep. 187
Explanatoryp. 189
(Im)partialp. 192
Conclusionp. 193
Conclusionsp. 197
Norms for an ecologically successful economicsp. 198
The Problem of Sustainabilityp. 198
Politicsp. 199
Institutionsp. 200
The Content of an Ecologically Successful Economicsp. 202
The Nature of an Ecologically Successful Economicsp. 203
Mutually testing norms and economic paradigmsp. 205
The Problem of Sustainabilityp. 205
Politicsp. 208
The Content of an Ecologically Successful Economicsp. 208
The Nature of an Ecologically Successful Economicsp. 212
Conclusionp. 215
Referencesp. 217
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9781402001659
ISBN-10: 1402001657
Series: The International Library of Environmental, Agricultural and Food Ethics
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 221
Published: 31st January 2002
Publisher: Springer-Verlag New York Inc.
Country of Publication: US
Dimensions (cm): 23.5 x 15.5  x 1.91
Weight (kg): 1.13