I'm currently intrigued by recent debates about economic theory/method. See, e.g. Hip Heterodoxy. One comment by Julie Nelson about Ecological Economics having degenerated into a variation of "natural resource" economics causes me once-again to question the title of this blog.
Julie Nelson:
… Ecological economics, which realizes the critical need for responses to problems such as climate change, meets mainstream prejudices and turns into "natural resource" economics where the future is discounted away. …Clearly we don't want to be counted among those who are charged with discounting away the future. At least I don't, and anyone who has followed this discussion knows that we are not counted among that group.
On the other hand, it has been nice to get the Google hits attributable to using the title Ecological Economics, a title that has often made me wonder whether and when we'd hear from the International Society for Ecological Economics questioning our use of the title – even though I informed them early-on that we were opening up the forum with that title. They even asked their members whether they wanted to join in.
Should we change the title of this blog to, say, Ecology and Economics: A Cross-Disciplinary Conversation? Should we leave it be? Should we change the title to something that is a bit more sexy? If so, what?
Somehow I suspect that it will be my decision alone, since I've been so-far unsuccessful in getting a few co-bloggers who were willing to post even as infrequently as I do. Anyone out there dying to become a "poster" in this particular conversation?
Dave,
I'm not enough in the economic loop to quite I understand Julie Nelson's comment:
"Ecological economics, which realizes the critical need for responses to problems such as climate change, meets mainstream prejudices and turns into “natural resource” economics where the future is discounted away."
The discounting of the future sounds to me like the assignment of monetary value and discounting the future done by mainstream economists and, it seems, environmental economists. But I'd had the impression the eco-econ camp, by putting the ecosystem and sustainability first, didn't do that. Am I mistaken? Do people like Daly and Costanza do that? Is there a fourth camp yet, a "deep-eco-econ" camp or something?
Posted by: John Feeney | June 01, 2007 at 11:32 PM
I have a similar understanding to Mr. Feeney...
Posted by: Ecoshift | June 02, 2007 at 01:08 PM
My undestanding of what ecological economics is the following.
The first unoffical meeting of the people in 1987 in Barcelona was to put many disciplinary fields together into the sustainabilty issues that make critical re-evaluation of conventinal scientific thinking including neoclassical resource and environmental economics. So, we did not intend to speak of only the relationships between economics and ecology. In certain respect the name, Ecological Economics, could be misleading. In Europe, Silvio Funtowicz and Jerry Ravetz proposed a new way of thinking, called Post-Normal Scinence, which may be more appropriate terminology for what I understand ecological economics. However, I share the concern raised by Julie Nelson. Some of the articiles being published in Ecological Economics these years are nothing but neoclassical economics articles. In addition to this, at the Canadian meeting of ISEE in 2004, we gave the Kenneth Boulding Award to two neoclassical economists, namely, Dasgupta and Maeler. In my view, this was the biggest mistake we did as ecological economist.
Posted by: Kozo Mayumi | June 02, 2007 at 07:28 PM
John and Others,
This week I will try to post up on some recent articles (forthcoming) in Ecological Economics about the state of the discounting the future - monetized values debate. There is a rift in the EE camp (that extends back many years). Too many EE practitioners, some argue, have followed the Nelson-alleged path. So let's continue this discussion then.. d.
Posted by: Dave Iverson | June 03, 2007 at 10:06 AM
Right now I only have a very basic awareness of ecological economics but plan to study it more and write a paper in this area for my Honours thesis. I love the broad concept and the areas of focus outlined on the website for ISEE. Something like this is definitely needed. Perhaps a more general discussion and debate is needed before EE begins to define itself in any particular way.
Posted by: Tristan | June 10, 2007 at 05:40 AM
I might say that the title "Ecology and Economics" is certainly less loaded. If it helps, you could still keep the phrase "ecological economics" as a subtitle somewhere, as it seems to me that they are certainly related!
Posted by: C! | June 10, 2007 at 02:35 PM