RAVENSCROFT, NEIL (2011) The mythologies of environmental economics Journal of Policy Research in Tourism, Leisure & Events, 2 (2). pp. 129-143. ISSN 1940-7963Full text not available from this repository.
This paper offers a polemic on the policy implications for leisure and tourism of the shortcomings of contemporary approaches to environmental economics. The paper argues that the market construct of neoclassical economics is flawed by its inability to address situations in which markets do not operate and that this flaw is exacerbated by repeated attempts to overcome the problems through inappropriate technical fixes. To illustrate the argument, seven ‘myths’ of environmental economics are identified, which highlight the flaws and examine some of the implications for policy in areas such as common property. The paper suggests that a new approach to environmental economics is required, founded on principles that are not bounded by ideas of exchange. Informed by the advances made in ecological economics, the paper considers the potential of associative economics, as set out by Rudolf Steiner in his lectures of 1922, when he identified that the assumptions of neoclassical economics would not lend themselves to a globalising world in which the nation state has declining relevance.
|Item Type:||Journal article|
|Uncontrolled Keywords:||tourism development; environmental economics; neoclassical economics; associative economics|
|Subjects:||L000 Social Sciences > L700 Human and Social Geography|
|DOI (a stable link to the resource):||10.1080/19407963.2010.482273|
|Faculties:||Faculty of Science and Engineering > School of Environment and Technology > Society, Space and Environment|
|Date Deposited:||26 Aug 2011 13:43|
|Last Modified:||09 Jan 2013 07:38|
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