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208 References Adami, C., C. Ofria and T.C. Collier (2000) ‘Evolution of Biological Complexity’, Proceedings of the National Academy of Sciences, 97(9), 4463–8. Adams, W.M., and S.J. Jeanrenaud (2008) Transition to Sustainability: Towards a Humane and Diverse World (Gland, Switzerland: International Union for Conservation of Nature). Agarwal, B. (1992) ‘The Gender and Environment Debate: Lessons from India’, Feminist Studies, 18(1), 119–58. Aleklett, K. (2006) ‘Oil: A Bumpy Road Ahead’, World Watch Magazine, 19(1), 10–12. Allen, P.M. (1997) ‘Evolutionary Complex Systems and Sustainable Development’ in J.C.J.M. van den Bergh and M.W. Hofkes (eds.) Theory and Implementation of Economic Models for Sustainable Development (Dordrecht: Kluwer Academic Publishers). Amable, B. (2000) ‘Institutional Complementarity and Diversity of Social Systems of Innovation and Production’, Review of International Political Economy , 7(4), 645–87. Amin, S. (1970) L’Accumulation à l’Echelle Mondiale (Paris: Editions Anthropos). Anderies, J.M., M.A. Janssen and E. Ostrom (2004) ‘A Framework to Analyze the Robustness of Social-Ecological Systems from an Institutional Perspective’, Ecology and Society , 9(1), 1–28. Aoki, M. (2001) Toward a Comparative Institutional Analysis (Cambridge, MA: MIT Press). Arnold, M. (1879) ‘Equality’ in Mixed Essays (New York: Macmillan). Association for the Study of Peak Oil and Gas (ASPO) (2008) Newsletter , 94, 1–9. Ayres, R.U. (1989) ‘Industrial Metabolism’ in J.H. Ausubel and H.E. Sladovich (eds.) Technology and Environment (Washington D.C.: National Academy Press). Ayres, R.U. (1998) Turning Point: An End to the Growth Paradigm (London: Earthscan). Ayres, R.U., and B.S. Warr (2005) ‘Accounting for Growth: The Role of Physical Work’, Structural Change and Economic Dynamics, 16, 181–209. Ayres, R.U., and B.S. Warr (2009) The Economic Growth Engine: How Energy and Work Drive Material Prosperity (Cheltenham: Edward Elgar). Ayres, R.U., and E.H. Ayres (2010) Crossing the Energy Divide: Moving from Fossil Fuel Dependence to a Clean-Energy Future (Upper Saddle River, NJ: Wharton School Publishing). Ayres, R.U., L.W. Ayres and B.S. Warr (2003) ‘Exergy, Power and Work in the US Economy, 1900–1998’, Energy , 28(3), 219–73. Bagehot, W. (1872) Physics and Politics, or, Thoughts on the Application of the Principles of ‘Natural Selection’ and ‘Inheritance’ to Political Societ y (London: Henry King). Barbier, E.B. (2007) ‘Valuing Ecosystem Services as Productive Inputs’, Economic Policy , 22(49), 177–229.
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Page 1: References - link.springer.com

208

References

Adami, C., C. Ofria and T.C. Collier (2000) ‘Evolution of Biological Complexity’, Proceedings of the National Academy of Sciences, 97(9), 4463–8.

Adams, W.M., and S.J. Jeanrenaud (2008) Transition to Sustainability: Towards a Humane and Diverse World (Gland, Switzerland: International Union for Conservation of Nature).

Agarwal, B. (1992) ‘The Gender and Environment Debate: Lessons from India’, Feminist Studies, 18(1), 119–58.

Aleklett, K. (2006) ‘Oil: A Bumpy Road Ahead’, World Watch Magazine, 19(1), 10–12.

Allen, P.M. (1997) ‘Evolutionary Complex Systems and Sustainable Development’ in J.C.J.M. van den Bergh and M.W. Hofkes (eds.) Theory and Implementation of Economic Models for Sustainable Development (Dordrecht: Kluwer Academic Publishers).

Amable, B. (2000) ‘Institutional Complementarity and Diversity of Social Systems of Innovation and Production’, Review of International Political Economy, 7(4), 645–87.

Amin, S. (1970) L’Accumulation à l’Echelle Mondiale (Paris: Editions Anthropos).Anderies, J.M., M.A. Janssen and E. Ostrom (2004) ‘A Framework to Analyze the

Robustness of Social-Ecological Systems from an Institutional Perspective’, Ecology and Society, 9(1), 1–28.

Aoki, M. (2001) Toward a Comparative Institutional Analysis (Cambridge, MA: MIT Press).

Arnold, M. (1879) ‘Equality’ in Mixed Essays (New York: Macmillan).Association for the Study of Peak Oil and Gas (ASPO) (2008) Newsletter, 94, 1–9.Ayres, R.U. (1989) ‘Industrial Metabolism’ in J.H. Ausubel and H.E. Sladovich

(eds.) Technology and Environment (Washington D.C.: National Academy Press).

Ayres, R.U. (1998) Turning Point: An End to the Growth Paradigm (London: Earthscan).

Ayres, R.U., and B.S. Warr (2005) ‘Accounting for Growth: The Role of Physical Work’, Structural Change and Economic Dynamics, 16, 181–209.

Ayres, R.U., and B.S. Warr (2009) The Economic Growth Engine: How Energy and Work Drive Material Prosperity (Cheltenham: Edward Elgar).

Ayres, R.U., and E.H. Ayres (2010) Crossing the Energy Divide: Moving from Fossil Fuel Dependence to a Clean-Energy Future (Upper Saddle River, NJ: Wharton School Publishing).

Ayres, R.U., L.W. Ayres and B.S. Warr (2003) ‘Exergy, Power and Work in the US Economy, 1900–1998’, Energy, 28(3), 219–73.

Bagehot, W. (1872) Physics and Politics, or, Thoughts on the Application of the Principles of ‘Natural Selection’ and ‘Inheritance’ to Political Society (London: Henry King).

Barbier, E.B. (2007) ‘Valuing Ecosystem Services as Productive Inputs’, Economic Policy, 22(49), 177–229.

Page 2: References - link.springer.com

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229

accumulation by dispossession, 119–20

Africa, 23, 109, 168, 192–4, 199–200, 206

Agarwal, Bina, 101agriculture, 32, 52, 55–6, 58, 82,

86–7, 98, 106, 122–3, 124, 126, 178, see also agriculture, organic; biofuel

agriculture, organic, 123, 124, 125alternative economics, see heterodox

economicsAmerican institutional economics, see

critical institutional economicsanalogy, as an integrative approach,

30–3Anthropocene, 7, 123anthropology, 2, 13, 38, 39, 106Arnold, Matthew, 195–6Ayres, Robert, 16, 110

behavioral economics, 148, see also experimental economics

Berger, Sebastian, 25biodiversity, 91, 95, 98, 99, 106,

108, 160biofuel (agrofuel), 83–8, 95, 99biosphere, 7, 14, 19, 176, 177, 178Boulding, Kenneth, 64, 182Brazil, 97, 204Bromley, Daniel, 23–4, 111, 163

capital, 16, 17, 19–20, 29, 51, 53, 54, 56–61, 63, 69, 72, 113, 116, 119, 127–46, 179, 181–2, 183, 184, 185, 195, 199–200, see also capitalism; natural capital

capitalism, 4, 10, 17, 18, 23–4, 56, 69, 104, 112, 114, 125, 136–7, 139, 141–2, 144–5, 190–207, see also capital; natural capital

Carnap, Rudolf, 33–4Carnot, Sadi, 7

China, 48, 52, 78, 88, 184, 187, 190, 195, 196, 204

Clark, John Bates, 129, 134, 137–8classical institutional economics, see

critical institutional economicsClausius, Rudolf, 7climate change, 7, 17, 21, 23, 54–5,

65, 88–91, 95, 98, 100, 106, 107, 123, 130, 145, 147–8, 153, 159, 160, 162, 163, 170

Coase, Ronald, 4, 25, 148co-evolution, 2, 8, 13, 14, 20, 31, 32,

98, 161, see also evolutioncolonialism, 2, 109, 120, 126,

192, 199common property, 56, 126, 136, 187Commons, John, 114, 193, 198–9,

201–3community, and the economy, 4, 13,

14, 21–2, 25, 101, 118, 136, 168–70, 173–5, 183, 197

conflict, socio-environmental, 17–18, 80, 95–7, 99, 101–2, 104–5, 108, 110, see also environmentalism

consumerism, 29, 151, 161, 195, 201contamination, see pollutionCostanza, Robert, 28, 127–8cost-benefit analysis, 8, 14, 52, 107,

108, 114–15, 117, 124, 148–9, 152, 177, 188–9

costs, social and environmental, 4, 10–12, 25, 94–6, 107, 108, 119, 120, 125, 126, 148, 177, 181, 184, 189, see also externalities

credit, 18–19, 22, 49, 51, 66–71, 79, 80, 104, 113–26, 173–4, 180, 185, 186, 195, see also debt

critical institutional economics, 2, 5, 6, 7–9, 10–13, 14, 20, 24, 25, 111–12, 118, 119, 125, compare new institutional economics

Crutzen, Paul, 123

Index

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230 Index

Daly, Herman, 23, 27–8, 117, 128, 131–2, 140–1, 145, 163

Darwin, Charles, 20–1, 32, 155–61Darwinism, 20–1, 32, 155–9, see also

Darwin, Charles; evolutionDasgupta, Partha, 145, 150–1Dawkins, Richard, 150De Waal, Frans, 150debt, 15, 48–50, 66–7, 70–4, 79–80,

89, 92, 95, 114–21, 126, 173, 180, 184, 185, 186, 187, see also credit

deforestation, 97–8, 110, 150, see also forest

degrowth, 14, 23, 29, 106, 125‘dematerialization’ thesis, 13, 95,

122, 178democracy, 18, 24, 100, 101, 104, 106,

110, 151, 153, 162, 172, 180, 183, 188, 197–8

developing countries, 15, 23, 50, 73, 89, 96–9, 109, 120, 167–8, 177, 204, see also development

development, socioeconomic, 1, 2, 4, 8, 14–15, 16, 18, 21, 32, 39, 56, 64, 70, 75, 87, 90, 99, 100, 104, 108, 118, 120–1, 123, 125, 144, 179, 187, 193, see also developing countries

Dewey, John, 34, 162Dickens, Charles, 201

ecological crisis, see biodiversity; climate change; forest; pollution

ecological debt, 98ecological economics, 3, 4, 5, 6, 7–8,

10–11, 13–14, 15–16, 17–18, 19, 20, 22, 24, 26–32, 34–5, 37, 40–6, 94–6, 106, 108, 110, 111–12, 119, 125, 127–34, 139–45, 154, 158, 162–3, compare environmental economics

ecologically unequal exchange, 17, 98, 109

Economics of Ecosystems and Biodiversity environmentalism, The (TEEB), 108, 128

Ecuador, 95, 96, 101–2El Serafy, Salah, 140–1Elster, Jon, 111employment, 23, 48, 57, 89, 178,

183, 205

enclosure process, 56, 97, 163, 187energy, 7, 8, 16–17, 19, 20, 23, 27,

38, 41, 52, 55–63, 64–6, 68, 70–2, 74–83, 85–6, 88, 91–2, 94, 95–6, 98, 104–6, 109, 112, 115, 117, 121, 123, 124, 130, 133, 142, 145, 155, 165, 179

Engels, Friedrich, 191entropy, 3, 7, 8, 11, 23, 123, 124, 125,

155–6, 179, 180, 181environmental economics

(neoclassical), 8, 28, 43, 44, 145, 149–53, 162, 163, compare ecological economics

environmentalism, varieties of, 96–101, 102, 110, see also conflict, socio-environmental

equilibrium, in economics, 1, 2, 3, 7, 9, 14, 16, 17, 23, 31, 52–3, 58, 128, 132, 134, 145, 148, 164, 166–7, 193

ethics in economics, see moral values in economics

Europe, western, 48, 50, 66, 81–6, 105, 106, 109, 168–9, 192, 199, 200, 207

evolution, 2, 5, 6, 7–9, 11, 13–14, 18, 20–1, 32–3, 40, 46, 118, 125, 129, 133, 135, 142, 144, 150, 155–63, 201, see also co-evolution; Darwin, Charles

evolutionary economics, 5, 6, 8, 9, 11, 20, 32, 135, 142, 144, 156–63

experimental economics, 3, 39, 53externalities, 14, 52, 54, 94, 96, 103,

119, 142, 148, 165, 166, 168, see also costs, social and environmental

Federal Reserve, 49, 50, 116feminist economics, 4, 5, 6financial crisis, 4, 7, 18–19, 22, 23,

48–50, 73, 74, 112, 115, 116–18, 138, 176, 185–7, 192, 193–9, 207

firm, 24, 51–3, 60, 158, 181, 184, 195Fischer-Kowalski, Marina, 16, 106,

110, 111Fisher, Irving, 128–9, 131–4, 187forest, 31, 58, 81, 98, 100, 101, 103,

108, 178, 181fossil fuels, 29, 55, 59, 61, 63, 66, 70,

72, 75–7, 79, 80, 86, 95, 104, 110, 120–2, 130, 131, 140, 144, 181

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Foster, John Bellamy, 111France, 23, 51, 81freedom, 12, 24, 47, 162, 183, 191,

194–5, 197, 203Friedman, Milton, 4, 183, 191, 194fund/service, 13, 14, 15, 19–20, 23,

74, 79, 122, 130–1, 132, 133, 137, compare stock/flows

Funtowicz, Silvio, 22

Galbraith, John Kenneth, 204GDP, see Gross Domestic ProductGeddes, Patrick, 110Georgescu-Roegen, Nicholas, 3, 5, 11,

16, 19, 22, 23, 25, 73, 74, 94, 111, 122, 129–31, 142, 145, 155–6

Gerber, Julien-François, 18, 96, 126Germany, 46, 50, 81–2, 84, 200Giampietro, Mario, 16global warming, see climate changeGowdy, John, 19–20, 111Greenspan, Allen, 47–8, 51, 56Gross Domestic Product (GDP), 48,

53, 57–63, 69, 82–3, 95, 104, 108, 177, 179, 188

growth, economic, 4, 8, 14, 15, 16, 17, 18, 20, 21, 22, 23, 25, 27, 48, 50, 52–63, 64, 67–70, 72, 73–80, 90–3, 95, 100, 104, 108–10, 112, 114–15, 117, 118, 120, 122, 123, 126, 132, 133, 134, 152, 168–9, 174–5, 176–89

Haberl, Helmut, 106, 110Hanemann, Michael, 149HANPP, see Human Appropriation of

Net Primary ProductionHarvey, David, 119–20Hayek, Friedrich von, 110, 129, 194Heinsohn, Gunnar, 69, 112, 116, 126Helm, Dieter, 150–1heterodox economics, definition of,

1–5, see also critical institutional economics; ecological economics; feminist economics; integrated heterodox economics; Marxian economics; post Keynesian economics

Higgs, Henry, 72Hillel the Elder, 171Hirsch, Fred, 152

Hobbes, Thomas, 196–7Hodgson, Geoffrey, 20–1, 111Hogben, Lancelot, 110Holling, Crawford Stanley, 31Homo economicus, 4, 9, 21, 91,

168, 174Hornborg, Alf, 111Human Appropriation of Net Primary

Production (HANPP), 8, 96, 102, 104

human ecology, 8, 105, 143–4Huxley, Thomas Henry, 150

ideology, 22, 31, 34, 38, 41, 66, 75, 92, 117, 134, 171, 194, 202–5

incommensurability of values, 8, 14, 18, 38, 42, 94, 107, 108, 144, 154

India, 78, 98, 99–100, 204indicators, non monetary, 8, 13, 14,

17, 19, 83, 104, 124industrial revolution, 2, 56, 59, 120,

121–2, 195, 198inequality, social, 4, 9, 24, 118, 119,

120, 168, 182–3, 189, 195, 200institutional economics, see critical

institutional economics; new institutional economics

institutions, defined, 8–9integrated heterodox economics, 5–7,

9–23, 26–39, 40, 45–6, 111–12, 125integrative concepts, defined, 13–23,

37–9interdisciplinarity, as an integrative

approach, 35–7intergenerational issues, 4, 12, 70, 73,

94, 106, 107, 119, 126, 152–3International Monetary Fund (IMF),

50, 118, 184–5, 187Ireland, 48, 50, 81, 82, 85

Jacobs, Michael, 111, 163Japan, 52, 61–2, 116Jevons, Stanley, 3, 55, 95Jones, Richard, 2Joyce, Richard, 149

Kallis, Giorgos, 117Kapp, Karl William, 5, 10–14, 25,

26–34, 36–9, 42, 45–6, 94, 106–7, 111, 119, 147, 151, 189

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232 Index

Keynes, John Maynard, 3, 5, 6, 23, 24, 50, 104, 184, 186, see also Keynesian economics; post Keynesian economics

Keynesian economics, 5, 6, 50, 104, 184, see also Keynes, John Maynard

Khalil, Elias, 156knowledge, system of, 13, 14, 21–2,

115, 170–5Krall, Lisi, 19–20, 111Krugman, Paul, 86Kuhn, Thomas, 1, 27, 34Kyoto Protocol, 75, 76

Lange, Oskar, 107Latin America, 109Leipert, Christian, 25Leonard, Thomas, 170levels of the economy, virtual, real,

real-real, 13, 14, 19, 94–5, 112, 115, 117, 124, 125

Locke, John, 196, 198

Mackie, John, 149Macpherson, Crawford Brough, 196–8mainstream economics, see

neoclassical economicsMäler, Karl-Gören, 145Malthus, Thomas Robert, 22, 54,

55, 63mangrove, 98, 101–3Marglin, Stephen, 21–2, 115market failure, 10, 42, 94, 119, 148,

166–7, 204, see also costs, social and environmental

Marshall, Alfred, 128Martínez-Alier, Joan, 17, 19, 27, 111,

126, 163Marx, Karl, 2, 3, 5, 6, 16, 20, 23, 31,

56, 114, 141, 145–6, 183, 191, 195, 197, 201, 202, see also Marxian economics

Marxian economics, 5, 6, 20, 56, 141, 195, see also Marx, Karl

Max-Neef, Manfred, 34, 36, 111Mayumi, Kozo, 16Meadows, Donella, 92mechanical thinking in economics,

1, 3, 7, 8, 9, 31, 117–18, compare

thermodynamics thinking in economics

Mendes, Chico, 97Menger, Carl, 3metabolism, socioeconomic, 7, 13, 14,

16–17, 29, 64–6, 69, 70, 73–93, 94, 95, 103–6, 108–10, 123, 180

methodological individualism, 3, 4, 14, 107

methodological pluralism, 6, 14, 27Mill, John Stuart, 22, 54, 119, 178mining, 95, 97, 99, 100, 101, 107, 108,

120, 121Mises, Ludwig von, 106–7, 194monetary policies, 50–1, 67–73,

113–14, 116, 185–7moral values in economics, 1, 14, 21,

25, 43, 96, 99, 106, 148–56, 159–63, 165, 191, 194

multi-criteria evaluation, 8, 14, 18, 108

Mumford, Lewis, 110Myrdal, Gunnar, 111

Næss, Arne, 155Narain, Sunita, 99–100Naredo, José Manuel, 24, 68, 111natural capital, 14, 19–20, 108,

127–45, 187, 188neoclassical economics, 2–8, 14, 16,

18, 19, 21–2, 23, 24, 25, 28, 29, 31, 32, 35, 41, 44, 45, 48, 51, 52–5, 60, 61, 92, 108, 118–19, 125, 127–32, 134, 140, 145, 147–51, 153–4, 158, 160–1, 164–71, 173, 178–9, 204, 206

neo-institutional economics, see new institutional economics

Neurath, Otto, 6, 33–4, 46, 94, 106–7, 109–10

new institutional economics (neoclassical), 8, 148, compare critical institutional economics

new resource economics, 30, 40–4, see also environmental economics

Nigeria, 95, 97Norgaard, Richard, 32, 111, 163

O’Connor, James, 111, 141O’Hara, Phillip, 111

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Index 233

O’Neill, John, 46, 110, 111, 163Obama, Barack, 49, 175Odum, Howard, 16old institutional economics, see

critical institutional economicsopen system approach, 2, 6, 11, 12,

14, 94, 96, 111, 178original institutional economics, see

critical institutional economicsorthodox economics, see neoclassical

economicsOstrom, Elinor, 159, 163Ostwald, Wilhelm, 110

Paavola, Jouni, 111, 163paradigm change in economics, 1–7,

11, 14, 17, 21, 24, 125Pareto optimality, 4, 14, 147, 164,

166–7peak oil, 7, 16, 17, 18, 23, 73–80, 83,

88, 112, 115, 121–3, 124, 130, 145Pigou, Arthur, 148, 204planning, economic, 26, 106, 110plantation, 96, 98, 120Polanyi, Karl, 3, 144political ecology, 17, 40, 94,

96–7, 108political science, 38, 42, 43, 98pollution, 7, 20, 23, 54, 88, 94, 95, 98,

101, 103, 110, 113, 117, 126, 148, 152, 154, 165, 166, 177, 180–1, 188

population growth, 23, 54, 55, 63, 64–5, 68, 76–7, 103–4, 108, 126, 133, 145, 179, 188, 204

possession, 13, 14, 18–19, 20, 69–70, 112–26, compare property

possessive individualism, 24, 196–8, 200, 202

post Keynesian economics, 5, 6, see also Keynesian economics

post-normal science, 35, 42poverty, 2, 7, 8, 17, 18, 23, 29, 47, 51,

79, 88, 89, 94, 96–102, 105, 107–8, 112, 115, 116–17, 118–21, 124, 126, 172, 174, 176–7, 179, 182–3, 190, 192, 193, 194, 199–200, 203, 206, see also developing countries

Pratkanis, Anthony, 83Prigogine, Ilya, 7

private property, 14, 47, 51, 69, 70, 102, 118, 119, 126, 187, 189

privatization, 10, 118property, 13, 14, 18–20, 69–70, 104,

105, 111–26, 135–43, 148, 163, 172, 187, 191, compare possession, see also private property

psychology, 2, 31, 32, 36, 38–9, 42, 43, 44, 171

Quesnay, François, 5

radical economics, 5, see also critical institutional economics; ecological economics; feminist economics; Marxian economics

Rae, John, 2Rand, Ayn, 47–8, 51, 56Ravetz, Jerome, 22Rawls, John, 21resources, biotic (or living, organic),

20, 121–3, 125, see also resources, renewable

resources, mineral, 15, 18, 20, 99, 109, 110, 112, 121–3, 125, 126, 130, 140, see also resources, nonrenewable

resources, natural (or environmental), 19–20, 29, 30, 40–4, 51, 59–61, 64, 66–74, 80, 93–6, 102, 104, 107–10, 112–13, 117, 120–3, 132–3, 140, 142, 148, 149, 152, 158, 163, 168, 177, 178–82, 187, 192, see also resources, biotic; resources, mineral; resources, nonrenewable; resources, renewable

resources, nonrenewable (or exhaustible), 15, 20, 25, 29, 121–3, 131, 133, 140, 181, see also resources, mineral

resources, renewable, 15, 20, 71, 85, 121–2, 126, 131, 141, 181, see also resources, biotic

Ricardo, David, 54Robbins, Lionel, 46, 164Robinson, Joan, 129, 132

Sachs, Ignacy, 111Sagoff, Mark, 152, 163Samuelson, Paul, 129

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234 Index

Saro-Wiwa, Ken, 97scarcity, 51, 53, 54, 73, 95, 106, 152,

164, 178, 180, 181, 187Schrödinger, Erwin, 7, 155–6Schumpeter, Joseph, 24, 27, 31, 38,

52, 53, 114, 190, 191Scott, James, 126Scott, Richard, 9Sen, Amartya, 148, 191Shannon, Claude, 156Sieferle, Rolf Peter, 106Sismondi, Jean de, 2Smil, Vaclav, 16, 83Smith, Adam, 1–2, 5, 22, 24, 83‘social ecological economics’, 6,

11, 13, 25, 30, 40–4, 46, see also integrated heterodox economics

social economics, 6, see also critical institutional economics

socialist calculation debate, 94, 106–7

sociology, 33–4, 38, 39, 42, 43, 98, 108, 171

Soddy, Frederick, 66, 71–3, 95, 110, 117, 187

Söderbaum, Peter, 111, 163Solow, Robert, 57–8, 129Soto, Hernando de, 113, 118, 126South, global, see developing

countriesSouth Africa, 200Soviet Union, former, 15, 78, 190Spain, 23, 51, 68, 81–2, 84, 94Spash, Clive, 6, 11, 13, 44, 111, 152,

163Sraffa, Piero, 5, 129steady-state economy, 13, 14, 22–3,

27, 95, 131, 176–89Steiger, Otto, 69–70, 112, 118, 126Steppacher, Rolf, 18, 25, 69–70, 126Stern, Nicholas, 170stock/flow, 13, 14, 15, 18–20, 70,

74–5, 79–80, 121–2, 130–3, 137, 140, compare fund/service

Stoermer, Eugene, 123subprime sector, 48, 49, 116,

173, 180sustainability, 8, 14–24, 29, 35, 41,

64–92, 95, 108, 110, 115, 117, 121,

123–5, 127, 131, 140, 151, 155, 160–1, 169, 177, 180–1, 198, 204

Swaney, James, 111

Tawney, Richard, 196taxation policies, 47–8, 49, 56, 90,

148, 181–3, 185, 187, 204, 207technology, 8, 9, 18, 25, 31, 32, 53,

55, 57, 60–3, 64, 69, 75, 83–7, 90–1, 106, 112, 120–3, 132, 133, 135, 136, 150, 151, 180

thermodynamics thinking in economics, 3, 7, 23, 29, 88, 118, 125, 155, 178–9, compare mechanical thinking in economics

trade, 50–2, 109, 120–1, 180–1, 183–5, 186, 187, 199–200

Tsuru, Shigeto, 111

United Kingdom, 45, 81–2, 85, 113, 150, 194, 196–8, 200

United States of America, 16, 28, 47–52, 57–8, 61–2, 77, 79, 86, 89, 94, 97, 98, 102, 105, 116, 147, 163, 168–9, 172, 183–4, 187–8, 194–6, 198, 200, 205–6, 207

unity of sciences, as an integrative approach, 33–5

utilitarianism, 1, 2, 9, 13, 14, 21, 24, 28, 53, 107, 127, 138, 147–54, 183, 196

valuation, languages of, 17–18, 103, 107–10, 154

value pluralism, 13, 14, 17–18, 27, 45, 154

Vatn, Arild, 107, 111, 163Veblen, Thorstein, 2–3, 5, 9, 19,

20, 22, 32, 114, 129, 134–9, 142, 145, 146, 157, 200–1, 205, see also critical institutional economics

Vonnegut, Kurt, 83

wage, 57–9, 70, 135, 182–3, 184, 195

wage-labor, 4, 50, 119, 168, 195Walras, Léon, 3, 24, 52, 145

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Index 235

Weaver, Warren, 156Weber, Max, 106–7, 203Weisz, Helga, 16welfare theorems, 166–9Whitehead, Alfred, 176, 189

Williamson, Oliver, 148Winter, Sidney, 157World Bank, 86, 184–5

Yunus, Muhammad, 174


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