Nature and Economic Society

<p>This book focuses on the interrelationship between nature and the human economy.</p><p>Building upon his decades of research into classical and Keynesian economics Tony Aspromourgos here turns his attention to the interrelationship between nature and the human economy. The result is a tightly argued concise but comprehensive interpretation of that vital issue undertaken in the framework of a Classical-Keynesian synthesis. The classical dimension is utilization of a surplus approach to production and distribution and the Keynesian dimension incorporation of demand-side determination of economic activity levels and growth. In this conception the human economy is understood as a circular flow but an incompletely circular system: crucially dependent upon nature both as a source of finite non-renewable and exhaustible resources for human production and consumption and as the destination or ‘sink’ also finite for the waste and pollution from that production and consumption.</p><p>This is an introductory account of the subject providing maximum accessibility by presupposing only basic knowledge of economic analysis and only elementary algebra but including a wide-ranging guide to further and more advanced relevant literature. Part I provides a comprehensive overview of the Classical-Keynesian approach in the usual manner of economic analysis without systematic incorporation of nature. Part II then incorporates the various dimensions of the natureeconomy interrelationship.</p><p>This book will be of great interest to readers of economic theory economics and the environment and heterodox economics.</p>