• Fraser Murison Smith


This chapter introduces an economics of a crowded planet as the study of a materially large economy coevolving with nature and as the engine of economic policy. It discusses whether resources for the economy are limited, a source of great misunderstanding between natural scientists and economists. It argues that, on a crowded planet, the primary purpose of economics is not the study of individual choice, as the introductory textbooks claim, but to understand how to align the economy with nature, using such institutions at our disposal as the market and government regulation. This chapter outlines the rest of the book and defines terms.


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Authors and Affiliations

  • Fraser Murison Smith
    • 1
  1. 1.San RafaelUSA

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