Real Life EconomicsPaul Ekins, Manfred Max-Neef 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. |
Other editions - View all
Real-life Economics: Understanding Wealth Creation Paul Ekins,Manfred A. Max-Neef No preview available - 1992 |
Real-life Economics: Understanding Wealth Creation Paul Ekins,Manfred A. Max-Neef No preview available - 1992 |
Common terms and phrases
according accounts achieved action activities alternative analysis approach basic become capital collective competition concept concerned construction consumer consumption context costs countries culture defined discussion distribution economic economists effects energy environment environmental essential example existing experience fact Figure framework functions future given groups growth household human idea important income increase indicators individual industrial institutions interest involved issues knowledge labour land less living material means measures nature needs objective organization participation physical planning political poor position possible poverty practical present problems production progress question rational relations result role satisfiers sector sense social society statistics structures sustainable theory things understanding United University wealth welfare