John L.R. Proops – författare

This second edition is brought about by two factors. First, the initial printing sold out much more rapidly than we expected. Second, several colleagues have been kind enough to suggest that this book not only has a contribution to make to ecological economics, but also has relevance to economics general. Thus our OUf distinction distinction between between genotypic genotypic and phenotypic evolution may be used to characterise not only economic sectors, but also whole economies, and in particular economic schools of thought. For instance, the Austrian subjectivist school deals explicitly with ignorance and the emergence of novelty, and may therefore be used to analyse genotypic development. In contrast, neoclassical economics deals principally with phenotypic development. When Dr. Müller Muller of Springer-Verlag suggested the production of a second edition, we were therefore pleased that this book might remain available. Several readers and in particular reviewers of the first edition remarked, in one way or the other, that they had questions concerning several of our OUf concepts, concepts, such as genotype, phenotype, ignorance, surprise, sUlprise, novelty, novelty, knowledge, knowledge, predictable predictable and unpredictable processes etc. Of course, all these concepts are of importance for evolution in general and for invention and innovation of new techniques in particular. We therefore considered some modifications and extensions of the original text, but on the advice of colleagues, have restricted oUfselves ourselves to correcting mistakes that crept into the first edition and to two extensions ofthe of the text, text, one major, one smaller.

The global greenhouse effect may be one of the greatest challenges ever to face humankind. If fossil fuel use, and the consequent CO emissions, 2 continue to increase at their current trend, there is the possibility that over the next century there will be massive climate change and the flooding of coastal areas. The economics profession is beginning to respond to this challenge, through seeking to understand the economic processes which detennine the demand for energy, the proportion of this energy supplied by fossil fuels, and the policy instruments available for reducing fossil fuel demand while still supplying appropriate amounts of energy. This study is a contribution to that literature. We examine the impact of structural changes in the German and UK economies upon CO emissions 2 over the last two decades, and explore the potential for further structural change to reduce such emissions. This study is different from much of the current literature, in that we do not presuppose that the respective economies consist of only one, or a few, sectors. Instead, we analyse the interrelationships of 47 sectors for about 20 years, using input-output methods. We also deal with the effects of the changing sectoral structure of imports and exports of these two countries on the ''responsibility'' for CO emissions. On the basis of this extensive evidence we have a solid 2 foundation to develop different scenarios to show how the ''Toronto target'' of reducing CO emissions by 20% over 20 years can be achieved.

The global greenhouse effect may be one of the greatest challenges ever to face humankind. If fossil fuel use, and the consequent CO emissions, 2 continue to increase at their current trend, there is the possibility that over the next century there will be massive climate change and the flooding of coastal areas. The economics profession is beginning to respond to this challenge, through seeking to understand the economic processes which detennine the demand for energy, the proportion of this energy supplied by fossil fuels, and the policy instruments available for reducing fossil fuel demand while still supplying appropriate amounts of energy. This study is a contribution to that literature. We examine the impact of structural changes in the German and UK economies upon CO emissions 2 over the last two decades, and explore the potential for further structural change to reduce such emissions. This study is different from much of the current literature, in that we do not presuppose that the respective economies consist of only one, or a few, sectors. Instead, we analyse the interrelationships of 47 sectors for about 20 years, using input-output methods. We also deal with the effects of the changing sectoral structure of imports and exports of these two countries on the 'responsibility' for CO emissions. On the basis of this extensive evidence we have a solid 2 foundation to develop different scenarios to show how the 'Toronto target' of reducing CO emissions by 20% over 20 years can be achieved.

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.