Herman Daly offers an original take on the tired debate of “too many people vs. too much consumption” — a spot-on reframing of a critical issue.
Economists are good at making specious arguments in favor of infinite growth. Herman Daly is good at debunking them.
Herman Daly’s synthesis will leave you questioning the most ingrained economic assumptions of our times.
What would King Canute do? One thing’s for sure: he wouldn’t be so arrogant as to try IBM’s approach.
It is not for nothing that our system is called “capitalism” rather than “natural resource-ism.”
Herman Daly explains Frederick Soddy’s far-reaching economic insight, and he comes up with a doozy of a conclusion.
Herman Daly makes the case against using obsolete growth policies to dig out of the recession, and he issues a challenge to technological optimists.
Of course, it’s better to be rich than poor, but the conventional approaches for making us rich — GDP growth and free trade — no longer apply.
Herman Daly succinctly sums up the steady-state perspective in his suggestion for the UN Conference on Sustainable Development.
Good and bads, wealth and illth — economic growth produces them all. But how big are the bads and how damaging is the illth?