By Bryan Snyder.
Dollars & Sense’s political economy of the environment anthology, The Economics of the Environment, 2nd ed., incorporates both current material relevant to today’s most controversial environmental issues, while still including many seminal “standard” articles with strong pedagogical value. The articles contained in the anthology are written in a clear and accessible manner and are concise so they will not overwhelm undergraduate readers.
The topics covered in the book include market failure and roles of government, resources and rents, climate change, agriculture and sustainability, and visions of a sustainable future. This reader is designed to accompany a fine text in environmental economics (Goodstein, Harris, et al.). Chapters in the reader, however, will fit nicely with most undergraduate environmental-economics texts, adding real-world context to the often-abstract analytical discussion. It can also be used as a “stand alone” primer to facilitate discussion on a broad scope of environmental issues. Articles from James K. Boyce, Timothy A. Wise, Robin Broad and a host of others make this edition of The Economics of the Environment particularly rich in content and scope.
New to this second edition are special sections on current controversies, including a no-growth economy, the rise of fracking, genetically modified corn, environmental impacts of palm oil, and the quest for “responsible mining.” These “Spotlights” offer a collection of related articles on a subject which can be easily used for essays, paper assignments, or directed study on the subject.
The Economics of the Environment, 2nd ed., is a smart and exceptional reader which should be standard fare for courses, reading groups or those with an interest in the subject of environmental economics.