Banks should not be allowed to live the alchemist’s dream by creating money out of nothing and lending it at interest.
In his foreword to the book, Enough Is Enough, Herman Daly contemplates the role of sufficiency in obtaining “the good life.”
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.
MIT-PhD-IMF-BMW. Although this career path may benefit specific economists, it fails to serve the common good.
Herman Daly wonders how the World Bank got in the business of increasing the debt of poor countries.
Eric Zencey suggests reforming the monetary system to avoid future economic and ecological calamities.
Herman Daly pulls back the curtain on money and proposes a powerful policy for positive change.