Capital and Time in Ecological Economics : Neo-Austrian Modelling

Faber (economics, U. of Heidelberg, Germany), Proops, and Speck (both environmental social sciences, Keele U., UK) wrote this book for people interested in long-term economy-environment interaction, who already have some familiarity with economic theory and mathematics. They discuss neo-Austrian capital theory and its application to the modeling of long-term collaboration on research in ecological economics. After a history of the theory (including its detailed technical aspects), the authors then relate it to environmental issues including climate change and pollution. The iron and steel industries are studied as case examples. Annotation c. Book News, Inc., Portland, OR (booknews.com)