<DIV><DIV>The world is caught in the deepest financial and economic crisis since the Great Depression. The economic crisis is not the result of what could be called a rare probability event ("a perfect storm"), but rather the unavoidable outcome of an economic paradigm that dominated policy-making since the early eighties, one that has come to view the natural resource base as simply another asset to be exploited. At the same time, we are trapped in a vicious environmental predicament. We are not only threatened by stagnation, deflation, unemployment and poverty. Our world is also menaced by climate change, deforestation, soil erosion, polluted aquifers and a man-made event of mass extinction.</DIV><DIV><I>Rethinking Macroeconomics of Sustainability</I> explores the relationship between macroeconomic policies and environmental sustainability, arguing that monetary and fiscal policies are as important for environmental stewardship as they are for growth and prosperity -- something that has not been adequately recognized thus far.</DIV></DIV>