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The Wealth of Nature: How Mainstream Economics Has Failed the Environment

by Robert L. Nadeau

This provocative book explains why neoclassical economic theory cannot account for the costs of doing business in the global environment. Nadeau demonstrates that the myth that neoclassical economic theory is a science has blinded us to the fact that this theory does not account for the environmental impacts of economic activities or posit viable economic solutions to environmental problems. The unfortunate result is that the manner in which we are now coordinating global economic activities is a program for ecological disaster. Nadeau argues that we must develop and implement an environmentally responsible economic theory and describes how this can be accomplished.

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