The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future
An original, engaging guide to creating a sustainable economy that will combat global warming while also improving our quality of life.

Pick an environmental issue. Maybe air pollution, toxic waste, or deforestation. These all seem like solid choices, but none of these is actually an environmental problem--at least, not at its heart. Deep down, they are economic problems. Nearly all the issues we classify as environmental stem from defects in the DNA of America's current market system. This is emphatically true of our greatest environmental threat: global warming.

With a focus on climate change, journalist and author Robert S. Devine reveals the fundamental flaws in the economy that enable environmental degradation. The Sustainable Economy is a book about economics, but it skips the equations and eases through the jargon, opting instead for compelling stories and surprising humor. Readers will encounter high-tech narwhals, struggling coal workers, orbiting giant mirrors, the kids who are suing the U.S. government over climate policy, and vanishing Alaskan towns.

The Sustainable Economy looks at many of the most pressing climate issues, such as melting ice caps and farm-killing droughts, but by viewing them through the revealing lens of economics, the book delivers a fresh perspective. Devine shows how the basic mechanisms of supply and demand fail when it comes to global warming and the environment. Fortunately, he also lays out a path to an improved economy that can boost our well-being while also fostering a healthy environment. Most importantly, The Sustainable Economy shows how we can overcome the political and personal obstacles blocking progress toward a sustainable, just, and prosperous economy.
"1136157599"
The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future
An original, engaging guide to creating a sustainable economy that will combat global warming while also improving our quality of life.

Pick an environmental issue. Maybe air pollution, toxic waste, or deforestation. These all seem like solid choices, but none of these is actually an environmental problem--at least, not at its heart. Deep down, they are economic problems. Nearly all the issues we classify as environmental stem from defects in the DNA of America's current market system. This is emphatically true of our greatest environmental threat: global warming.

With a focus on climate change, journalist and author Robert S. Devine reveals the fundamental flaws in the economy that enable environmental degradation. The Sustainable Economy is a book about economics, but it skips the equations and eases through the jargon, opting instead for compelling stories and surprising humor. Readers will encounter high-tech narwhals, struggling coal workers, orbiting giant mirrors, the kids who are suing the U.S. government over climate policy, and vanishing Alaskan towns.

The Sustainable Economy looks at many of the most pressing climate issues, such as melting ice caps and farm-killing droughts, but by viewing them through the revealing lens of economics, the book delivers a fresh perspective. Devine shows how the basic mechanisms of supply and demand fail when it comes to global warming and the environment. Fortunately, he also lays out a path to an improved economy that can boost our well-being while also fostering a healthy environment. Most importantly, The Sustainable Economy shows how we can overcome the political and personal obstacles blocking progress toward a sustainable, just, and prosperous economy.
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The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future

The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future

by Robert S. Devine

Narrated by Gary Tiedemann

Unabridged — 11 hours, 1 minutes

The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future

The Sustainable Economy: The Hidden Costs of Climate Change and the Path to a Prosperous Future

by Robert S. Devine

Narrated by Gary Tiedemann

Unabridged — 11 hours, 1 minutes

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Overview

An original, engaging guide to creating a sustainable economy that will combat global warming while also improving our quality of life.

Pick an environmental issue. Maybe air pollution, toxic waste, or deforestation. These all seem like solid choices, but none of these is actually an environmental problem--at least, not at its heart. Deep down, they are economic problems. Nearly all the issues we classify as environmental stem from defects in the DNA of America's current market system. This is emphatically true of our greatest environmental threat: global warming.

With a focus on climate change, journalist and author Robert S. Devine reveals the fundamental flaws in the economy that enable environmental degradation. The Sustainable Economy is a book about economics, but it skips the equations and eases through the jargon, opting instead for compelling stories and surprising humor. Readers will encounter high-tech narwhals, struggling coal workers, orbiting giant mirrors, the kids who are suing the U.S. government over climate policy, and vanishing Alaskan towns.

The Sustainable Economy looks at many of the most pressing climate issues, such as melting ice caps and farm-killing droughts, but by viewing them through the revealing lens of economics, the book delivers a fresh perspective. Devine shows how the basic mechanisms of supply and demand fail when it comes to global warming and the environment. Fortunately, he also lays out a path to an improved economy that can boost our well-being while also fostering a healthy environment. Most importantly, The Sustainable Economy shows how we can overcome the political and personal obstacles blocking progress toward a sustainable, just, and prosperous economy.

Editorial Reviews

From the Publisher

Conventional, neoclassical economics has failed resoundingly to deal with the climate crisis: as The Sustainable Economy makes clear it is a market failure, an intellectual failure, and a moral failure. We clearly can't rely on the tools that have gotten us into this mess to get us out, and Robert S. Devine suggests some of the alternative possibilities.”
⁠—Bill McKibben, author of Deep Economy

"Activists, students, and policymakers stand to learn much from this deep dive into environmental economics."
⁠—Kirkus

Kirkus Reviews

2020-07-16
Devine argues that coming to grips with a changing climate involves not just environmental matters, but economic ones as well.

The problem of climate change, writes the author, is a market failure, which means that the marketplace is “not optimally allocating goods and services.” Part of the problem is that the marketplace is the arena for buying and selling, whereas the environment provides a great many of its services—the air we breathe, the fish in the sea, the sun that nourishes our crops—for free. The predatory capitalism that has emerged in recent years has made significant efforts to monetize those free services, and, as Devine acknowledges, the poor are the first to suffer from their loss. One of the central goals of the “sustainability economics” that he advocates is an equitable distribution of environmental services and greater effort on the parts of wealthy countries to assist developing nations. It helps to have a command of at least Econ 101 to follow some of Devine’s subsequent arguments, but the text is mostly accessible. Some of the articles of faith of classical capitalist economics falter when put up against this sustainability economics: The marketplace does not know everything, Devine insists, which is anathema to the libertarians in the crowd, and instead—further anathema—some of the heavy lifting in bringing equity to the marketplace and improving the environment falls on government, which, for the author, is not a word to be spat out in contempt. The principal difference between standard “neoclassical” economics and the sustainability model is that “in the former, biophysical reality gets short shrift; in the latter, biophysical reality rules.”

Activists, students, and policymakers stand to learn much from this deep dive into environmental economics.

Product Details

BN ID: 2940177729992
Publisher: Penguin Random House
Publication date: 10/27/2020
Edition description: Unabridged
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