Economists are good at making specious arguments in favor of infinite growth. Herman Daly is good at debunking them.
What Is the Limiting Factor?
It is not for nothing that our system is called “capitalism” rather than “natural resource-ism.”
Capital, Debt, and Alchemy
Herman Daly explains Frederick Soddy’s far-reaching economic insight, and he comes up with a doozy of a conclusion.
Wealth, Illth, and Net Welfare
Good and bads, wealth and illth — economic growth produces them all. But how big are the bads and how damaging is the illth?
Growth, Debt, and the World Bank
Herman Daly wonders how the World Bank got in the business of increasing the debt of poor countries.
Not Production, Not Consumption, but Transformation
You can always count on Herman Daly to ask the critical questions: “How did this nonsense come into economics?”
