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Macroecology meets macroeconomics: Resource scarcity and global sustainability.

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Title: Macroecology meets macroeconomics: Resource scarcity and global sustainability.
Authors: Brown, James H.1,2 jhbrown@unm.edu, Burger, Joseph R.1, Burnside, William R.3, Chang, Michael1, Davidson, Ana D.4, Fristoe, Trevor S.1, Hamilton, Marcus J.2, Hammond, Sean T.1, Kodric-Brown, Astrid1, Mercado-Silva, Norman1,5, Nekola, Jeffrey C.1, Okie, Jordan G.6
Source: Ecological Engineering. Apr2014, Vol. 65, p24-32. 9p.
Subjects: Macroecology, Macroeconomics, Sustainability, Economic development, Monetary policy, Gross domestic product
Abstract: Abstract: The current economic paradigm, which is based on increasing human population, economic development, and standard of living, is no longer compatible with the biophysical limits of the finite Earth. Failure to recover from the economic crash of 2008 is not due just to inadequate fiscal and monetary policies. The continuing global crisis is also due to scarcity of critical resources. Our macroecological studies highlight the role in the economy of energy and natural resources: oil, gas, water, arable land, metals, rare earths, fertilizers, fisheries, and wood. As the modern industrial-technological-informational economy expanded in recent decades, it grew by consuming the Earth's natural resources at unsustainable rates. Correlations between per capita GDP and per capita consumption of energy and other resources across nations and over time demonstrate how economic growth and development depend on “nature's capital”. Decades-long trends of decreasing per capita consumption of multiple important commodities indicate that overexploitation has created an unsustainable bubble of population and economy. [Copyright &y& Elsevier]
Copyright of Ecological Engineering is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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PubType: Academic Journal
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  Data: <searchLink fieldCode="JN" term="%22Ecological+Engineering%22">Ecological Engineering</searchLink>. Apr2014, Vol. 65, p24-32. 9p.
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  Data: <searchLink fieldCode="DE" term="%22Macroecology%22">Macroecology</searchLink><br /><searchLink fieldCode="DE" term="%22Macroeconomics%22">Macroeconomics</searchLink><br /><searchLink fieldCode="DE" term="%22Sustainability%22">Sustainability</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+development%22">Economic development</searchLink><br /><searchLink fieldCode="DE" term="%22Monetary+policy%22">Monetary policy</searchLink><br /><searchLink fieldCode="DE" term="%22Gross+domestic+product%22">Gross domestic product</searchLink>
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  Data: Abstract: The current economic paradigm, which is based on increasing human population, economic development, and standard of living, is no longer compatible with the biophysical limits of the finite Earth. Failure to recover from the economic crash of 2008 is not due just to inadequate fiscal and monetary policies. The continuing global crisis is also due to scarcity of critical resources. Our macroecological studies highlight the role in the economy of energy and natural resources: oil, gas, water, arable land, metals, rare earths, fertilizers, fisheries, and wood. As the modern industrial-technological-informational economy expanded in recent decades, it grew by consuming the Earth's natural resources at unsustainable rates. Correlations between per capita GDP and per capita consumption of energy and other resources across nations and over time demonstrate how economic growth and development depend on “nature's capital”. Decades-long trends of decreasing per capita consumption of multiple important commodities indicate that overexploitation has created an unsustainable bubble of population and economy. [Copyright &y& Elsevier]
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  Data: <i>Copyright of Ecological Engineering is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.1016/j.ecoleng.2013.07.071
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        Text: English
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        PageCount: 9
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      – SubjectFull: Macroecology
        Type: general
      – SubjectFull: Macroeconomics
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      – SubjectFull: Sustainability
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      – SubjectFull: Economic development
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      – SubjectFull: Monetary policy
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      – SubjectFull: Gross domestic product
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              Text: Apr2014
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