<p><strong>"An economics textbook that puts environmental capital in first place, and then uses good economic theory to arrive at truthful conclusions and relevant policies. A big step forward in teaching economics!" -- </strong><em>Herman Daly, Emeritus Professor, University of Maryland, School of Public Policy, USA</em></p><p><strong>"At last an economics textbook that acknowledges that the basis of an economy is the environment. The potential role of economics in addressing many of the environmental issues facing our planet, especially climate change, has been hampered by the incomplete nature of the basic tenets of neo-classical economics. This book corrects that problem and will provide students with the tools to make much sharper contributions to current policy debates. It is an ideal textbook for any serious environmental economics course."</strong> --<i> Peter Phibbs, Department of Urban and Regional Planning Director, Henry Halloran Trust, University of Sydney, Australia</i></p>
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Dodo J. Thampapillai is a Visiting Professor at the Lee Kuan Yew School of Public Policy, National University of Singapore, where he teaches Economics and Environmental Economics. He previously held a Personal Chair in Environmental Economics at Macquarie University, Australia, and he presently holds an Adjunct Professorship in the Department of Environmental Sciences. He is also a Visiting Fellow at the Crawford School of Public Policy, Australian National University.
Matthias Ruth is Vice-President (Research) and Professor of Economics at the University of Alberta, Canada. He has also held senior appointments in Geography, Civil and Environmental Engineering, and Public Policy and Urban Affairs at universities in the United States. His research covers the full spectrum from local to regional, to national and global environmental challenges, as well as the investment and policy opportunities these challenges present. He is a founder of Ecological Economics and founding Editor-in-Chief of the journal Urban Climate, serves on the boards of numerous journals and scientific organisations, and collaborates extensively with scientists and policy-makers worldwide.