Real-life Economics: Understanding Wealth Creation

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Paul Ekins, Manfred A. Max-Neef
Routledge, 1992 - Business & Economics - 460 pages
The past fifty years have witnessed the triumph of an industrial development that has engendered great social and environmental costs. Conventional economics has too often either ignored these costs or failed to analyse them appropriately. This book constructs a framework within which the wider impacts of economic activity can be both understood and ameliorated. The framework places its emphasis on an in-depth understanding of real-life processes rather than on mathematical formalism, sressing the independence of the economy with the social, ecological and ethical dimensions of human life.

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About the author (1992)

Paul Ekins an environmental economist, joined King 's College London as Professor of Energy and Environment Policy in January 2008. He was a Member of the Royal Commission on Environmental Pollution from 2002-2008 and, from 2003-2007, was on the UK Government 's Sustainable Energy Policy Advisory Board.

Manfred Max-Neef is a Chilean-German economist and environmentalist. He is Professor of Ecological Economics in the Southern University of Chile, and Director of the Economics Institute. His book ""Human Scale Development"" has been recognized by Cambridge University as one of the fifty most important texts in Sustainability.

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