Intermediate Microeconomics

Nicholson, Walter

doi:10.4337/9781781002452.00063

Cited by 75 publications

(121 citation statements)

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“…(Spencer, 2013) (Solow, 1997) (Stiglitz, 1997) (Perloff, 2015) (Mankiw, 2004) (Nicholson and Snyder, 2014) (Lee and Keen, 2004) (Keen, 2001) (Fullbrook, 2013;Hahnel, 2012;Milonakis and Fine, 2009) (Fullbrook, 2014) …”

Section: Acknowledgementsmentioning

confidence: 99%

The Neoclassical Trojan Horse of Steady-State Economics

Pirgmaier

2017

Ecological Economics

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A B S T R A C TThe vision of a steady-state economy elaborated by Herman Daly describes an economy that uses materials and energy within the regenerative and assimilative limits of the planet's ecosystems. Sustainable scale, just distribution, and efficient allocation are its constitutive theoretical goals. This paper is a critique of the theoretical foundations of steady-state economics. It argues that steady-state economics consists in an attempt to squeeze neoclassical economics into a biophysical and ethical corset. As a result, many fundamental flaws and criticisms of neoclassical economics remain. As a consequence, steady-state economics does not lead to a radical departure from, or improvement upon, neoclassical theory but rather to fundamental internal inconsistencies between the 'old' economics paradigm and 'new' progressive ecological economic thinking. Contradictions appear at various levels ranging from ontology and methodology to theory and values. As Daly has pioneered the foundations of ecological economics with his thinking, these ambiguities are not only problematic for steady-state economics but ecological economics as a field more generally. The paper concludes that ecological economics has to let go of neoclassical foundations as they contradict its core values and ambitions. A new and consistent theory of political economy of the environment along heterodox lines is needed.

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Section: Acknowledgementsmentioning

confidence: 99%

The Neoclassical Trojan Horse of Steady-State Economics

Pirgmaier

2017

Ecological Economics

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“…1 Economics can involve studies of 1) individuals' demand for goods and services, 2 2) individuals' health behaviors that are affected by the availability of scarce resources and the quantity of scarce resources required to adopt the behaviors, 3 3) the production of goods and services, 4 and 4) the comparison of the costs and value of outcomes of health or other programs. 5 Economic measures can also be used in the description of the distribution of health conditions that are the result of the choices that have been made.…”

Section: Conceptual Frameworkmentioning

confidence: 99%

“…1 Resources are a combination of the individual's own income and wealth and resources that might be available from family members or friends. Resources also include the time available to participate in positive health behaviors and obtain treatments.…”

Section: Conceptual Frameworkmentioning

confidence: 99%

“…Economic theory suggests that profit maximizing firms should produce (or produce more if some production is already going on) if the variable costs are less than the price of the good in the market. 1 Similarly in a costbenefit analysis, if the average willingness to pay is greater than the variable costs, the government could increase welfare by providing more of the service. Data from a previous report on a program to increase the availability of trichiasis surgery in The Gambia were reframed to show the relationship between the average willingness to pay, the variable costs, and the total productivity gain that was projected to provide further insight on the likely net benefit of a trichiasis surgery program.…”

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confidence: 99%

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Global Burden of Trachoma and Economics of the Disease

2003

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Abstract. Interest in the economics of trachoma is high because of the refinement of a strategy to control trachomatous blindness, an ongoing global effort to eliminate incident blindness from trachoma by 2020, and an azithromycin donation program that is a component of trachoma control programs in several countries. This report comments on the economic distribution of blindness from trachoma and adds insight to published data on the burden of trachoma and the comparative costs and effects of trachoma control. Results suggest that 1) trichiasis without visual impairment may result in an economic burden comparable to trachomatous low vision and blindness so that 2) the monetary burden of trachoma may be 50% higher than conservative, published figures; 3) within some regions more productive economies are associated with less national blindness from trachoma; and 4) the ability to achieve a positive net benefit of trachoma control depends importantly on the cost per dose of antibiotic.

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“…Em termos gerais, pode-se dizer que um país ou região faz uma transição de uma economia inicialmente agrícola e de extração, para uma industrial intensiva em energia e finalmente para uma pós-industrial ou de serviços intensivas em tecnologia, ao longo de seu crescimento econômico (Matsuoka, 1997;Borguesi, 1999 Fonte: elaborado com dados do Anuário Estatístico do Brasil (1947-2002 Indicador de Crescimento Econômico Indicador de Degradação Ambiental Além dessas mudanças, segundo a ótica da teoria da produção, o surgimento de novas tecnologias seria outro importante fator para a ocorrência da EKC.…”

Section: Alterações Na Produçãounclassified

Crescimento econômico, uso dos recursos naturais e degradação ambiental: uma aplicação do modelo EKC no Brasil.

Kamogawa¹

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Intermediate Microeconomics

Cited by 75 publications

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The Neoclassical Trojan Horse of Steady-State Economics

The Neoclassical Trojan Horse of Steady-State Economics

Global Burden of Trachoma and Economics of the Disease

Crescimento econômico, uso dos recursos naturais e degradação ambiental: uma aplicação do modelo EKC no Brasil.

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