Economics Ignores Thermodynamics by Eric Zencey Editor’s Note: An earlier version of this essay appeared as a comment in the Great Transition Network Forum, which will appear on the Great Transition Initiative website next week along with a new essay by Herman Daly, “Economics for a Full World.” Ecological Economics and its corollary, Steady State […]
The purchase of expensive luxury goods requires an agricultural and extractive surplus at the base of the economy–this is the “tropic theory of money.”
In his foreword to the book, Enough Is Enough, Herman Daly contemplates the role of sufficiency in obtaining “the good life.”
Herman Daly wonders how the World Bank got in the business of increasing the debt of poor countries.
Herman Daly entreats economists not to eschew the wonderful wisdom of Wendell Berry.
Why are the fields of economics and ecology in crisis, and how can we work toward a solution?
How can we get a sustainable, fair, and efficient economy? Herman Daly breaks it down.
Are our colleges and universities sending students to work on a misguided mission?
Hazel Henderson, a true champion of the steady state economy, digs deep into the deficiencies of our economic and financial systems.
We can no longer afford to ignore the fundamental operating rules for the economy.