by Dr. Trevor Hancock Editor’s note: A version of this post ran originally in the Times Colonist. For the past three years, I have been leading an important project for the Canadian Public Health Association (CPHA), which led to the release on May 25th of our Discussion Paper and a 100-page technical report on global change […]
Thermodynamics in Economics: Revolutionary portent, future history by Eric Zencey Ecological Economics represents the extension into economics of the thermodynamic revolution of the nineteenth and twentieth centuries. In physics, that revolution dethroned Newton and brought relativity. In biology, it was midwife to the birth of ecology, the study of ecosystems as wholes in which energy networks—food […]
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?