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Evolution, Time, Production and the Environment

  • Malte Faber
  • John L. R. Proops

Table of contents

  1. Front Matter
    Pages i-xv
  2. Aims

    1. Front Matter
      Pages 1-1
    2. Malte Faber, John L. R. Proops
      Pages 3-12
  3. Evolution

    1. Front Matter
      Pages 13-13
    2. Malte Faber, John L. R. Proops
      Pages 15-36
    3. Malte Faber, John L. R. Proops
      Pages 37-51
  4. Time

    1. Front Matter
      Pages 53-53
    2. Malte Faber, John L. R. Proops
      Pages 55-73
    3. Malte Faber, John L. R. Proops
      Pages 74-85
    4. Malte Faber, John L. R. Proops
      Pages 86-96
  5. Production and Innovation

    1. Front Matter
      Pages 97-97
    2. Malte Faber, John L. R. Proops
      Pages 99-108
    3. Malte Faber, John L. R. Proops
      Pages 109-143
    4. Malte Faber, John L. R. Proops
      Pages 144-173
  6. Final Thoughts

    1. Front Matter
      Pages 211-211
    2. Malte Faber, John L. R. Proops
      Pages 213-224
  7. Back Matter
    Pages 225-240

About this book

Introduction

Long-run interactions between the economy and the natural environment are studied from all points of view. First, the aims of this overview are illustrated in Part I. Part II then explores and develops the concept of evolution, in particular distinguishing between evolution which does not involve the emergence of novelty, and evolution where novelty does occur. In Part III three types of time irreversibility are developed, and these concepts are used to show how time has been treated in the natural sciences, also typifying various schools of economic thought. Part IV is concerned with the economic modelling of these concepts. It extends and adapts neo-Austrian capital theory to provide a basis for the modelling of long-run economy-environment interactions. A heuristic simulation model is described, and its simulation results discussed. Part V draws some lessons from the earlier discussion and analysis. It also stresses the role and the importance of interdisciplinary work for the understanding of relationships between economic activity and the natural environment.

Keywords

Capital Theory Evolutionary Economics Evolutionäre Ökonomie Kapitaltheorie Umwelt Umweltökonomie environment environmental economics evolution

Authors and affiliations

  • Malte Faber
    • 1
  • John L. R. Proops
    • 2
  1. 1.Alfred Weber-Institut für Sozial- und StaatswissenschaftenUniversität HeidelbergHeidelberg 1Germany
  2. 2.Department of Economics and Management ScienceUniversity of KeeleStaffordshireUK

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-662-02589-5
  • Copyright Information Springer-Verlag Berlin Heidelberg 1990
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-662-02591-8
  • Online ISBN 978-3-662-02589-5
  • Buy this book on publisher's site