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Talking a Lot, Yet Little to Say

Economics Imperialism in the Economics of Climate Change

Bibliographic Data

ID19233286
AuthorsChristiane Heisse (0000-0003-4497-0263, University of Bayreuth, corresponding author)
Year2026
Volume58
Issue2
Pages315-332
Publication date2026-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueReview of Radical Political Economics (JOURNAL)
Journal identifiersISSN: 0486-6134 • E-ISSN: 1552-8502
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/04866134251415573
OpenAlexW7154105306
LanguageEN
Citations received1
References cited47

Mainstream economics is ill equipped to deal with systemic issues such as the climate crisis. Yet there is no shortage of approaches that extend neoclassical principles to nature-economy relations, and they hold considerable currency in policy discourses. This article interrogates neoclassical thought on climate change from the perspective of economics imperialism, the expansion of economic analysis onto new subject matter at the expense of other approaches. Drawing on the work of William Nordhaus and Nicholas Stern, I argue that climate change economics has been underpinned by economics imperialism in its second “market imperfection” and third “suspension” phases. Economics imperialism has thus contributed to excluding considerations of power, race, class, gender, and other systemic inequalities from the field, and underpins solutions that delay radical climate action. JEL Classification: B41, B50, Q50, Q54

Applied economics · Climate change · Currency · Economic shortage · Heterodox economics · Mainstream economics · Subject matter · Climate Change and Geoengineering · Economic Theory and Institutions · Sustainability and Climate Change Governance

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Unique citing works1
Citations per year1
Citation span2026 - 2026 (1)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1

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