We need an economics fit for purpose in a finite and entropic world.
The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairn… - Herman E. Daly
The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairn…
- Herman E. Daly
The economy is a wholly owned subsidiary of the environment, not the reverse. - Herman E. Daly
The economy is a wholly owned subsidiary of the environment, not the reverse.
But the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth does inflict opportunit… - Herman E. Daly
But the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth does inflict opportunit…
The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, soc… - Herman E. Daly
The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, soc…
Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimi… - Herman E. Daly
Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimi…
Presumably, technology has made man increasingly independent of his environment. But, in fact, technology has merely substituted nonrenewable resourc… - Herman E. Daly
Presumably, technology has made man increasingly independent of his environment. But, in fact, technology has merely substituted nonrenewable resourc…
If nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of no… - Herman E. Daly
If nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of no…
While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces. - Herman E. Daly
While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.
Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes. - Herman E. Daly
Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes.
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