Overview
- Provides a bridge between economic and ecological theory and practice
- Invaluable reference for policy makers and others active in the political arena
- Presents a blueprint and logical foundation for alternative economic/environmental models
Part of the book series: Palgrave Studies in Natural Resource Management (PSNRM)
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Table of contents (6 chapters)
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Front Matter
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Back Matter
Keywords
- ecosystem services
- environmental economics
- applied ecology
- environmental policy
- Socio-Ecological Economics
- environmental impact assessment
- Austrian Economics
- Climate change
- Conservation management
- Ecological Models
- Economics of Ecosystems and Biodiversity (TEEB)
- Environmental Legislation
- Gaia hypothesis
- Millenium Ecosystem Assessment (MEA)
- natural resource management
- Environmental Geography
About this book
This book bridges the gap between economic and ecological theory and practice. Its main focus is on how the principles of the Austrian School of economics could improve the validity of Ecosystem Services.
The concept of ‘Ecosystem Services’ is a relatively recent innovation in environmental thought. The current system is dependent upon mainstream economic theory, in which monetary and fiscal policy controls the prevailing health of the economy. The dependence on this approach to finance, Muddiman argues, limits the potential of ecosystem services and exacerbates the effects of the existing flawed economic model.
The book highlights the links between ecological and economic methodologies and concepts and outlines how the principles of Austrian Economic theory could provide better environmental outcomes. It then goes on to formulate approaches to ecosystem services which could act as drivers towards a new biodiversity-based economic framework built around distributedledger technology, or ‘blockchain’. The key distinction of this book is its consideration of ecosystem services as a function of the current economic system. Using this as a starting point it investigates how an alternative economic model would achieve the integration of environmental considerations into economic decision making.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Ecosystem Services
Book Subtitle: Economics and Policy
Authors: Stephen Muddiman
Series Title: Palgrave Studies in Natural Resource Management
DOI: https://doi.org/10.1007/978-3-030-13819-6
Publisher: Palgrave Macmillan Cham
eBook Packages: Social Sciences, Social Sciences (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG, part of Springer Nature 2019
Hardcover ISBN: 978-3-030-13818-9Published: 08 March 2019
eBook ISBN: 978-3-030-13819-6Published: 28 February 2019
Series ISSN: 2946-4331
Series E-ISSN: 2946-434X
Edition Number: 1
Number of Pages: IX, 163
Number of Illustrations: 20 b/w illustrations, 4 illustrations in colour
Topics: Environmental Economics, Environment Studies, Applied Ecology, Environmental Geography, Environmental Management