This timely collection of essays is a magnificent testament to
Daly's pioneering work over four decades. Armed with clear
scientific principles and an unfailing logic, Daly sets out on an
urgent quest to develop an economics fit for purpose on a finite
planet. The originality and clarity of thought revealed in this new
collection is extraordinary. It cements Daly's status as the most
visionary economist of our time.' - Tim Jackson, Centre for
Environmental Strategy, University of Surrey, UK'Herman Daly has
been leading the way on uneconomic growth and steady-state
economics for nearly 50 years, and still is. His numerous
contributions are increasingly relevant and influential, deeply
insightful and unusually accessible to readers from all walks of
life. How fortunate we are to have in a single volume so many of
Daly's most important papers. Re-reading them is a pleasure and an
inspiration, reading them for the first time could very well change
your life.' - Peter A. Victor, York University, Canada 'Herman Daly
has helped us to realize that there is economic growth and
uneconomic growth. In so doing, he reminds us that the only viable
long-term option is a steady-state economy.' - Lester R. Brown,
President of Earth Policy Institute and author of Full Planet,
Empty Plates In this important book, Herman E. Daly lays bare the
weaknesses of growth economics and explains why, in contrast, a
steady-state economy is both necessary and desirable. Through the
course of the book, Daly develops the basic concept and theory of a
steady-state economy from the 1970s limits to growth debates. In
doing so, he draws on work from the classical economists, through
both conflicts and agreements with neo-classical and Keynesian
economists, as well as recent debates on uneconomic growth.
Editorial-style policy essays substantiate Daly's argument and he
provides specific application of steady-state economics to
important current issues, including monetary reform, tax reform,
international trade and population. The book also includes
discussion and critique of ethical, as well as biophysical,
presuppositions of growth. From Uneconomic Growth to a Steady-State
Economy is essential reading for academics, students and
researchers in the fields of ecological economics, environmental
studies, economic development, resource economics and public
policy. Contents: Preface 1. Introduction : Envisioning a
Successful Steady-State Economy Part I: Early Discussion of Basic
Steady-State Concepts 2. The Economics of the Steady State 3. In
Defense of a Steady-State Economy Part II: Later Extensions into
Standard Economics 4. Towards an Environmental Macroeconomics 5.
Growth, Debt, and the World Bank Part III: Recent Revival of the
Growth Debate, and Policies for a Steady State 6. A Further
Critique of Growth Economics 7. Moving from a Failed Growth Economy
to a Steady State Economy 8. Climate Policy: From 'Know How' to 'Do
Now' Part IV: Ethical Foundations of a Steady-State Economy 9.
Incorporating Values in a Bottom-Line Ecological Economy 10. Ethics
in Relation to Economics, Ecology, and Eschatology Part V: Short
Essays on Current Issues Related to Growth versus Steady State
Index
General
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