RIS ID
36472
Abstract
Economists are commonly asked for advice on environmental policy. In Australia, for example, it was economist Ross Garnaut who was asked to prepare the major report on climate change policy. Not surprisingly, economists tend to advocate market mechanisms to achieve environmental protection. But can market mechanisms aim to maximise economic efficiency rather than environmental effectiveness or equity.
COinS
Publication Details
Beder, S. 2011, 'Market Mechanisms, Ecological Sustainability and Equity', in G. Argyrous & F. Stilwell (eds), Readings in Political Economy: Economics as a Social Science, 3 edn, Tilde University Press, Prahan, Vic. pp. 197