Following World War II, the high quality, technologically advanced products of the United States dominated world markets. With the oil shock of the 1970s, however, many of the economic advantages associated with cheap petroleum were lost and the recovered economies of Europe and Asia emerged as strong competitors in many product areas. The innovative technologies of the US could no longer insulate industries from the customer oriented approaches of European and Asian producers.
The germ of this book was planted more than two decades
ago in my
efforts to explain economic theory to myself. But why write a book, for
myself or anyone else, trying to explain economic theory rather than
proposing a concrete solution to one of the world’s many urgent problems,
such as how to alleviate income inequality or do something
global warming? Because I had grown tired of listening to heated arguments
that always seemed to disagree for reasons I could never quite
identify. Economics textbooks usually suggested doing nothing.
This volume, edited by John Gunn, Rob Steedman, and Dick Ryder, pulls together an
incredibly broad mix of people and topics under a single cover. As such, it is a worthy
addition to the new series from CRC Press — Integrative Studies in Water Management
and Land Development — that was initiated in 2002 with publication of my own edited
Handbook of Water Sensitive Planning and Design
. Books like these are rare, but they