IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-71249-4_1.html
   My bibliography  Save this book chapter

Economics, Finance and Reality

In: Ecological Economics and Finance

Author

Listed:
  • Thomas Lagoarde-Ségot

    (KEDGE BS & SDSN France)

Abstract

According to the United Nations, some 4.7 million hectares of forest disappear every year. Yet these forests are only included in national accounts when the trees are cut down, i.e., when they are destroyed. Since this destruction generates monetary income, it is not counted as a loss, but as an increase in well-being (via higher GDP). Similarly, economic and management indicators treat the economic and financial system as if it were disconnected from its environment, whereas it is integrated into a fragile whole that surrounds and supports it. This whole includes society, of course, but also the Earth system (which includes the atmosphere, biosphere, hydrosphere and geosphere). So, before studying economics and finance, it may be useful to take a step back and consider the nature of our object of study. This will enable us to acquire more relevant knowledge and to act responsibly.

Suggested Citation

  • Thomas Lagoarde-Ségot, 2025. "Economics, Finance and Reality," Springer Books, in: Thomas Lagoarde-Ségot (ed.), Ecological Economics and Finance, edition 0, chapter 0, pages 3-13, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-71249-4_1
    DOI: 10.1007/978-3-031-71249-4_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-71249-4_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.