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Ecological Economics

Joshua Farley

December 8, 2011

Many people would agree that the central desirable end of economic activity is a high quality of life for this and future generations.  Conventional economists argue that humans are insatiable, and therefore economics should focus on endless economic growth and ever-increasing consumption.  Considerable evidence, however, suggests that humans are in fact satiable&emdash;there is a point beyond which increasing consumption does not make us better off.

This is a chapter from The Post Carbon Reader: Managing the 21st Century’s Sustainability Crises (2010).