“frank ackerman”

This text updates the introductory undergraduate students on critical concerns of the 21st century including distributional equity and ecological sustainability; includes discussions of historical, institutional, political and social factors to encourage students get engaged with the subject m... More

Here Ackerman examines the arguments for and against recycling, focusing on the debate surrounding the use of economic mechanisms to determine the value of recycling. He explains why purely economic approaches are incomplete and argues for a different kind of decision making. The book "is a remarkab... More

In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how conventional economic theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and often devalued in cost-benefit calculations. Mo... More

Does economic theory, and its many practical applications, rest on concrete foundations? Given the influence and prestige afforded to orthodox economic policy advice, apparently the answer is a resounding "yes." Economists Frank Ackerman and Alejandro Nadal present a fundamental challenge to this re... More

Priceless: Human Health, the Environment, and the Limits of the Market exposes the error of using cost-benefit analysis to decide whether human life and the environment are worth protecting.... More

"Cost-benefit analysis" is a term that is used so frequently we rarely stop to think about it. But relying on it can lead to some dubious conclusions, as Frank Ackerman points out in this eye-opening book. For example, some economists have argued that states should encourage--and even subsidize--cig... More