Ecological economics and institutional change.

@article{Krall2011EcologicalEA,
  title={Ecological economics and institutional change.},
  author={Lisi Krall and Kent Klitgaard},
  journal={Annals of the New York Academy of Sciences},
  year={2011},
  volume={1219},
  pages={185-96}
}
Ecological economics remains unfinished in its effort to provide a framework for transforming the economy so that it is compatible with biophysical limits. Great strides have been made in valuing natural capital and ecosystem services and recognizing the need to limit the scale of economic activity, but the question of how to effectively transform the economy to limit the scale of economic activity remains unclear. To gain clarity about the institutional changes necessary to limit the scale of… CONTINUE READING

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