Public Policy and Climate Change: Politics, Philosophy and Economics by Quiggin, John

Public Policy and Climate Change: Politics, Philosophy and Economics

Among the 'wicked problems' facing policymakers and voters today, the threat of catastrophic climate change, also called...
€95,21 EUR
€95,21 EUR
SKU: 9789811290619
Product Type: Books
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Author: John Quiggin
Format: Paperback
Language: English
Subtotal: €95,21
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Public Policy and Climate Change: Politics, Philosophy and Economics by Quiggin, John

Public Policy and Climate Change: Politics, Philosophy and Economics

€95,21

Public Policy and Climate Change: Politics, Philosophy and Economics

€95,21
Author: John Quiggin
Format: Paperback
Language: English
Among the 'wicked problems' facing policymakers and voters today, the threat of catastrophic climate change, also called global heating, is so challenging that it was labelled as 'super-wicked'. The scientific evidence is clear-cut, and most of the technologies needed to stabilize the global climate are well understood. But the policy response has been entirely inadequate.To understand the difficulties, we must draw on our understanding of politics, philosophy and economics, grouped together as PPE. These lectures show how the PPE disciplines can be used to improve understanding of the problems and guide a way toward their solutions.The main focus is on the critical economic concept of opportunity cost: The true cost of anything is what you must give up to get it. In a smoothly functioning market, prices determine, and are determined by, opportunity costs. But markets for the emissions that generate global heating do not operate smoothly, if they exist at all. This book explains how policy responses such as carbon taxes and emissions trading markets are products of these 'market failures'.

Author: John Quiggin
Publisher: World Scientific Publishing Company
Published: 08/12/2024
Pages: 184
Binding Type: Paperback
ISBN: 9789811290619

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