Ebook Free Environmental Economics for Tree Huggers and Other Skeptics
Ebook Free Environmental Economics for Tree Huggers and Other Skeptics
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Environmental Economics for Tree Huggers and Other Skeptics
Ebook Free Environmental Economics for Tree Huggers and Other Skeptics
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Review
"Overall, Environmental Economics for Tree Huggers and Other Skeptics is a nice, compact, competent, inexpensive introduction to the field of environmental economics." (John Braden Land Economics 2007-05-01)
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About the Author
William K. Jaeger is associate professor in the Department of Agricultural and Resource Economics at Oregon State University.
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Product details
Paperback: 304 pages
Publisher: Island Press; 56838th edition (October 21, 2005)
Language: English
ISBN-10: 1559636688
ISBN-13: 978-1559636681
Product Dimensions:
6 x 0.7 x 9 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review:
3.1 out of 5 stars
5 customer reviews
Amazon Best Sellers Rank:
#409,585 in Books (See Top 100 in Books)
The audience best suited for Jaeger's book is the student of environmental issues who hasn't encountered economics in any formal context. Jaeger opens the book with a pretty decent primer on introductory microeconomic theory, and uses the remainder of the book to describe how that theory does or does not apply to a selection of environmental issues. For those issues where traditional market theory doesn't apply, Jaeger does a good job of laying why and, in addition, some of the implications. There are other texts that address the same general subject area with greater sophistication and with more mathematical content, but those are ill-suited to this audience. For this book's audience, I'm very comfortable with the 5-star rating.
The reading is dense.
A better title for this book would be "Environmental Economics for Skeptics about Tree-Huggers". Its viewpoint hews very faithfully to the Econ 101 textbook version of neoclassical microeconomics. The author (WKJ) occasionally mentions other points of view in order to seem fair, but these are reassuringly dismissed.For example, consider WKJ's discussion of the so-called "environmental Kuznets curve". The EKC is an alleged empirical relationship between economic development and declines in pollution; its biggest fans are neoliberal economists who claim that the solution to environmental problems is more, not less, economic activity. WKJ does mention that "the dust has definitely not settled on this debate [sc., about the reality of the EKC]," but goes on to say "[but] some important ideas have emerged" (@100). With that phrase, WKJ flips the discussion to make the EKC appear much less controversial than it actually is. The problem with the EKC is as time goes by, empirical evidence seems very much against it, especially for non-localized issues like global warming. No worries: WKJ tells us that "the absence of evidence of an EKC for some environmental indicators should not be construed as proof that the EKC notion is invalid." He spends the next 3-1/2 pages discussing why the EKC is "good news" (@104). For more nuanced evaluations of the EKC even within the framework of conventional econometrics (i.e., NOT by tree-huggers), see, e.g., D. Stern's 2004 paper, "The Rise and Fall of the Environmental Kuznets Curve" and the 2006 paper by Galeotti & al., "On the Robustness of Robustness Checks of the Environmental Kuznets Curve," both of which you can find for free online.The insincere appearance of fairness isn't the only rhetorical tactic used by WKJ to deal with difficult topics. Ignoring the difficulties is another, as when after a very confusing description of the construction of a staircase-shaped demand curve for cookies in a hypothetical classroom (@18-23) WKJ casually mentions that in the rest of the book demand curves will be continuous curves. In fact the aggregation of demand curves is a highly controversial topic even within neoclassical economics. Even Nobel laureate Gerard Debreu, who helped to put the neoclassical point of view on a highly mathematical foundation, himself questioned its validity.Another tactic, thankfully confined to the final chapter, is a more judgmental and emotional dismissal of opposing ideas. For example, we're told that the version of environmental economics known as ecological economics is "high-quality" as practiced in Europe, but not so in the US; US ecological economics is "either noneconomic or antieconomic" (terms that are never explained) (@265). Herman Daly, the leading American proponent of ecological economics, who BTW has been much honored in Europe, is a "self-described ecological economist" whose characterizations of economics are "misleading" (@267), though we are never told how they are so, nor even about Daly's characterizations at all. In this concluding chapter, WKJ also perpetuates the fiction that economics is neutral ("The fact [is] that economics does not take sides," @271) and should be reserved to use by experts ("**When used as directed,** economics attempts to add up people's preferences as reflected in their actions," @270 [emphasis added]). Interestingly, WKJ is conflicted on the question of neutrality; earlier, he tells us "Economic analysis is not 'value free.' That is, it is not neutral or independent with respect to moral or ethical considerations" (@247). I think this last quote is correct; it's too bad WKJ couldn't see the implications of this statement for the rest of the book.All in all, this is a highly conventional treatment of a subject that deserves much more nuance, and in-depth discussion of controversies. A much more enlightened and enlightening book, despite its age, is Pearce & Turner's "Economics of Natural Resources and the Environment" (Johns Hopkins 1990; not to be confused with the 1993 "Environmental Economics: An Elementary Introduction" by Turner, Pearce & Bateman, which is another conventional treatment).
I read William Jaeger's Environmental Economics for Tree Huggers not long after it came out and felt that this was a text clearly needed in the field and that it had been done with clarity and care. I couldn't imagine anyone not wanting to buy this book if they were interested in how economists make decisions regarding our environment and the important resources that contribute to our well-being like air, water, and forests. I was surprised to find a fairly long review attacking the book. I reread the book after reading the review and found that the first third of the book was a wonderful introduction to microeconomics, one of the complaints of the review. Another was that it wasn't sufficiently nuanced, but as I moved past the first half of the book, I found that Dr. Jaeger wasn't avoiding difficult issues, as suggested by the reviewer, but had spent a substantial portion of the book trying to better understand them. Once again, seven years later, I found this book to be exactly what it proposes to be, a way for someone with little or no experience in economics to understand how we can value something, that at first glance, seems to be impossible to value, like the air we breathe. I was surprised to find the negative, but well-written review mention Gerard Debreu, an economist whose work I am familiar with from the time I was a mathematically inclined economics graduate student. I doubt that anyone reading Jaeger's book will be particularly interested in the existence of the minima and maxima of intersecting hyperplanes, which is what Debreu is known for. The review I have read for this book is unfortunately irrelevant. This book does help you learn the basic economics that economists use when trying to advise governments, and that is not a bad thing, in spite of what the reviewer may think. Here is a real review for this book. You will be introduced microeconomics. You will be introduced to cost-benefit analysis. You will learn something about growth, development, and trade as related to products important to our environment. You will learn about policy failures and how to deal with congestion (think being caught in traffic). By the time you reach chapter 15, "Project and Policy Evaluation", you will actually know what you are doing. This is an introductory text for environmental economics, but it goes further by discussing more advanced topics like stocks versus flows, propery rights and the Coase theorem, and how to value transferable quotas (like selling the right to catch fish). This is serious stuff that I haven't found in other books, and this isn't some professor making it up. I know for a fact that Dr. Jaeger advises the Oregon legislature on forests, water use, and fisheries. I know because I'm from Washington and we face exactly the same problems. This book will allow you to see how someone who uses economics to evaluate environmental resources thinks. If you care about the environment, and you want to know how to talk to your legislature so that they will understand what they need to do to improve their policies, please read this book.
It's a textbook
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