244 Pages 23 B/W Illustrations
by Routledge

262 Pages 23 B/W Illustrations
by Routledge

262 Pages 23 B/W Illustrations
by Routledge

Dealing with time is intimately linked to sustainability, because sustainability, at its core, involves long-term ethical claims. To live up to them, decision and policy-making has to consider long-term development of society, economy, and nature. However, dealing with time and such long-term development is a notoriously difficult subject, both in science and, in particular, in practical decision... Read more

Preface

Part 1 Sustainability and time

1. Ways to approach sustainability policy

2. Sustainability: theory and policy

Part 2 The conceptual framework of stocks

3. The perspective of stocks

4. Material stocks

5. Immaterial stocks and institutions

6. The persistence of institutions

7. Judgement

8. Time and the practical dimension of the concept of stock

Part 3 Applying the stocks framework

9. Shaping institutional change in the course of contamination management in Saxony-Anhalt

10. Ways of achieving sustainable land use in Germany: A stocks-based analysis

Part 4 The art of long term thinking

11. The stocks framework as a heuristic for sustainability policies

12. Applying the heuristic: Key elements of a sustainable inland shipping policy

13. Stocks: a schooling in long term thinking

14. Literature

Biography

    Bernd Klauer is a senior scientist at Helmholtz Centre for Environmental Research, Leipzig and an Honorary Professor for Sustainability and Water Resources Management at University of Leipzig, Germany.

    Reiner Manstetten has a Habilitation in Economics at the University of Heidelberg, Germany. He is currently a lecturer at the Philosophical Seminar of the University of Heidelberg.

    Thomas Petersen has a Habilitation in Philosophy at the University of Heidelberg, Germany. He is currently a lecturer at the Pädagogische Hochschule (College of Education) Heidelberg.

    Johannes Schiller is a senior scientist at the Helmholtz Centre for Environmental Research, Leipzig, Germany.

    No issue divides neoclassical economics and its critics more than the treatment of time. In contrast to concepts like discounting, optimization, and the growth imperative, this volume offers novel and insightful perspectives on the economics of time and sustainability.
    John Gowdy Rensselaer Polytechnic Institute, New York

    The authors have taken on the demanding task of devising a strategy – or heuristic – for analyzing sustainability issues. Emphasizing the concepts of stocks, time and judgement, they build a heuristic emphasizing that sustainability analysis is a scholarly endeavor, while in the form of art. The book is interesting reading, pushing an important frontier forward.
    Arild Vatn Norwegian University of Life Sciences, Norway