Kenneth Boulding Archives – Center for the Advancement of the Steady State Economy

Herman Daly Has the Floor

October 26, 2023/2 Comments/in Degrowth, Herman Daly, Postgrowth, Steady State Economy, Steady State Herald /by Gary Gardner

Editor’s Note: Saturday, October 28 marks the first anniversary of Herman Daly’s passing. The father of steady-state economics, Daly was CASSE’s economist emeritus and a long-time board member. We celebrate his clear and stimulating thought with three classic essays from Best of The Daly News.

Wealth, Illth, and Net Welfare

Well-being should be counted in net terms, that is to say we should consider not only the accumulated stock of wealth but also that of “illth;” and not only the annual flow of goods but also that of “bads.” The fact that we have to stretch English usage to find words like illth and bads to name the negative consequences of production that should be subtracted from the positive consequences is indicative of our having ignored the realities for which these words are the necessary names.

Degrowth Toward a Steady State Economy: Unifying Non-Growth Movements for Political Impact

February 5, 2020/14 Comments/in Brian Czech, Economic Growth, Economic Policy, Environment, Steady State Economy, Steady State Herald, Sustainability /by Brian Czech

by Brian Czech and Riccardo Mastini

No later than the 1960s, scholars wrote in rigorous terms of the limits to economic growth. Europeans such as E.F. Schumacher, Americans including Herman Daly, and European-born Americans (most notably Nicholas Georgescu-Roegen and Kenneth Boulding) set the stage for later studies in ecological economics and sustainability science. Their scholarship, supplemented by the population focus of Paul Ehrlich and the modeling approach of Donella Meadows and coauthors (for the Club of Rome),