Nature and Economic Society: A Classical-Keynesian Synthesis

This book explores the relationship between nature and the human economy,using a Classical-Keynesian synthesis. It emphasizes the dependence of the economy on nature as a source of resources and a destination for waste. It is an accessible introduction to the subject, suitable for readers with basic economic knowledge and algebra.

Format: Hardback
Length: 178 pages
Publication date: 01 December 2023
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate interplay between nature and the human economy, drawing upon the author's extensive research in classical and Keynesian economics. With a focus on a Classical-Keynesian synthesis, Tony Aspromourgos offers a tightly argued and concise interpretation of this vital issue. The book explores the classical dimension, which emphasizes the utilization of a surplus approach to production and distribution, while also incorporating the Keynesian dimension, which involves the determination of economic activity levels and growth through demand-side factors.

In this framework, the human economy is viewed as a circular flow, albeit an incompletely circular system. It relies heavily on nature as a source of finite non-renewable and exhaustible resources for human production and consumption, as well as a destination for the waste and pollution resulting from that production and consumption. This introductory account assumes only basic knowledge of economic analysis and elementary algebra, yet provides a comprehensive guide to further and more advanced relevant literature.

Part I of the book provides a comprehensive overview of the Classical-Keynesian approach, presenting the subject matter in the customary manner of economic analysis. Part II then delves into the various dimensions of the nature-economy interrelationship, highlighting the interconnectedness of natural resources, environmental sustainability, and economic growth.

This book appeals to a wide range of readers, including economic theory enthusiasts, economics students, environmentalists, and those interested in heterodox economic perspectives. It offers valuable insights into the complex relationship between nature and the economy, shedding light on the challenges and opportunities facing societies in the 21st century.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032580289