Income Distribution and Environmental Sustainability (Record no. 5297)

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fixed length control field 02575 a2200361 4500
001 - CONTROL NUMBER
control field 131539023X
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250317111615.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250312042016GB 18 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781315390239
037 ## - SOURCE OF ACQUISITION
Source of stock number/acquisition Taylor & Francis
Terms of availability GBP 45.99
Form of issue BB
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Original cataloging agency 01
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
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Subject category code 338.92701519
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100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Robin Hahnel
245 10 - TITLE STATEMENT
Title Income Distribution and Environmental Sustainability
Remainder of title A Sraffian Approach
250 ## - EDITION STATEMENT
Edition statement 1
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Oxford
Name of publisher, distributor, etc. Routledge
Date of publication, distribution, etc. 20161201
300 ## - PHYSICAL DESCRIPTION
Extent 162 p
520 ## - SUMMARY, ETC.
Expansion of summary note Any economics that does not deal forthrightly with economic inequality is no longer suitable for the twenty-first century. Similarly, any economics which does not provide a coherent way to integrate environmental sustainability into economic analysis will fail to command allegiance in the century ahead. This book demonstrates how the Sraffian framework provides important advantages in both areas. Divided into three chapters, Income Distribution and Environmental Sustainability provides a rigorous exposition of Sraffian theory emphasizing what it means for the economy to be productive, extends Sraffian theory to address environmental sustainability, and adds a normative theory of income distribution to Sraffa’s positive theory. In Chapter 1, a rigorous version of the basic Sraffa model is presented which focuses on what it means for the economy to be capable of producing a physical surplus, explains the origin of profits, and shows how to measure changes in overall labor productivity resulting from any technical change. In Chapter 2, the basic model is extended to incorporate primary inputs from the natural environment, rigorously measure changes in environmental throughput efficiency, and establish sufficient conditions for environmental sustainability. In Chapter 3, an explicit "normative" theory of economic justice is elaborated which is a natural extension of Sraffa’s "positive" theory of income determination and consistent with modern egalitarian literature on distributive justice. This book is of interest to academics and students who study political economy, economic theory, and philosophy, as well as those interested in the work of Piero Sraffa.

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