Ecological Policy Transformed by Economics: Unlocking Sustainable Prosperity
In this article, the authors explore how economics can influence ecological policies. They discuss the relationship between economics and politics and the importance of institutions in shaping economic and ecological outcomes. The researchers present four norms for successful economics in politics and analyze the economic theories of Pearce and Bromley. They find that both economists provide insights into the connection between economics and the environment. The study concludes by emphasizing the significance of integrating economic and ecological considerations in policy-making.