The most valuable contribution of this book is the section on climate change, which details the history of international climate negotiations; an exercise on climate change treaties can be implemented in the classroom. Summing Up: Recommended. General and undergraduate collections.

Table of Contents

• Acknowledgments
• Introduction
• Part I. Toward a New Paradigm
• 1. Something Happened on the Way to the Twenty-First Century
• 2. Cost-Benefit Analysis: Beware
• 3. What on Earth Is Sustainable Development?
• Part II. Why the Environment Is at Risk
• 4. Useful Insights From Mainstream Economics
• 5. Where Mainstream Economics Dare Not Go
• Part III. Environmental Policy
• 6. Free-Market Environmentalism: Misinterpreting the Coase Theorem
• 7. Real-World Environmental Policy
• Part IV. Climate Change
• 8. A Brief History of Climate Negotiations
• 9. Criticisms of Kyoto
• 10. Beyond Kyoto
• Appendix to Part IV: Exercise on Climate Control Treaties
• Conclusion
• References
• About the Author