This book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development.

Contents: PART I: INTRODUCTION 1. Post Keynesian and Ecological Economics: Alternative Perspectives on Sustainability and Environmental Economics Richard P.F. Holt and Clive L. Spash PART II: METHODOLOGY AND HISTORY OF THOUGHT 2. Recent Developments in Post Keynesian Methodology and their Relevance for Understanding Environmental Issues Andrew Mearman 3. Challenges for Post Keynesian Growth Theory: Utopia Meets Environmental and Social Reality Clive L. Spash and Heinz Schandl 4. The Environmental Case for a Collective Assessment of Economism Richard B. Norgaard 5. The Post Keynesian/Ecological Economics of Kenneth Boulding Robert H. Scott, III 6. Combining Post Keynesian, Ecological and Institutional Economics Perspectives Arild Vatn PART III: CONSUMERS IN THEORY AND PRACTICE 7. Post Keynesian Consumer Choice Theory and Ecological Economics Marc Lavoie 8. Price-based versus Standards-based Approaches to Reducing Car Addiction and Other Environmentally Destructive Activities Peter E. Earl and Tim Wakeley 9. The Socio-Psychology of Achieving Sustainable Consumption: An Example Using Mass Communication Lucia Reisch, Clive L. Spash and Sabine Bietz PART IV: STRUCTURING SYSTEMS OF PRODUCTION 10. Incorporating Biophysical Foundations in a Hierarchical Model of Societal Metabolism John Gowdy, Mario Giampietro, Jesus Ramos-Martin and Kozo Mayumi 11. Theoretical and Policy Issues in Complex Post Keynesian Ecological Economics J. Barkley Rosser, Jr 12. Environmental Innovation: A Post Keynesian Interpretation James Juniper 13. The Sustainable Economic Development of Traditional Peoples James Kahn and Alexandre Rivas 14. Optimize versus Satisfice: Two Approaches to an Investment Policy in Sustainable Development Jerry Courvisanos Index