Product details
- ISBN 9781032999494
- Dimensions: 156 x 234mm
- Publication Date: 21 Aug 2026
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
This book explores the development of the ecological monetary paradigm in which money is created for the restoration and improvement of the Earth’s ecology in a way that simultaneously address environmental and human wellbeing issues. Ecological money is created via facilities of monetization and proliferated by the pricing of products.
The book, however, postulates that the development of an ecological monetary paradigm is hampered by a trilemma between inflation, the expenditure needed to mitigate ecological and climate crises, and the profit-making behaviour of enterprises. Namely, undertaking such massive expenditure would increase cost-push inflation whilst, simultaneously, the refusal of enterprises to compromise on their profit-making would lead to profit-led inflation remaining intact if not strengthened. The book identifies the causes of the trilemma and calls for an emergence of new enterprises that would help mitigate the trilemma. The categories of such enterprises are derived, and the examples of enterprises that would satisfy these criteria are illustrated.
This book will interest any reader working in ecological, environmental and sustainable development topics. It will also appeal to those working on ecological macroeconomics, monetary theory and policy, valuation of firms, and the history of economic thought.
Yonghyup Oh is affiliated with the university of Antwerp and works at universities and a business school in Belgium, where he has extended experience as policy advisor working at think tanks. He spent several years as visiting scholar in leading research institutions. His latest publication is on a method of firm valuation where ecological concerns are explicitly incorporated.
