Beyond Growth: The Economics of Sustainable Development

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Beacon Press, 1996 - Business & Economics - 253 pages
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"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." 
--Utne Reader

"Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless."
--Mother Jones

"In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" 
--G. Pascal Zachary, The Wall Street Journal

"A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality."
--Donella H. Meadows, Los Angeles Times

"For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading."
--David W. Orr, Oberlin College

"There is no more basic ethical question than the one Herman Daly is asking." 
--Hal Kahn, The San Jose Mercury News

"Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week

Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
 

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Contents

Moving to a SteadyState Economy
31
Elements of Environmental Macroeconomics
45
Consumption Value Added Physical Transformation and Welfare
61
Operational Policy and Sustainable Development
71
Introduction
73
Operationalizing Sustainable Development by Investing in Natural Capital
75
Fostering Environmentally Sustainable Development Four Parting Suggestions for the World Bank
88
National Accounts and Sustainable Development
95
Introduction
143
Free Trade and Globalization vs Environment and Community
145
From Adjustment to Sustainable Development The Obstacle of Free Trade
158
Two Pioneers in the Economics of Sustainable Development
169
Introduction
171
The Economic Thought of Frederick Soddy
173
On Nicholas GeorgescuRoegens Contributions to Economics An Obituary Essay
191
Ethics Religion and Sustainable Development
199

Introduction
97
Toward a Measure of Sustainable Net National Product
99
On Sustainable Development and National Accounts
103
Population and Sustainable Development
117
Introduction
119
Carrying Capacity as a Tool of Development Policy The Ecuadoran Amazon and the Paraguayan Chaco
121
Marx and Malthus in Northeast Brazil A Note on the Worlds Largest Class Differences in Fertility and Its Recent Trends
129
International Trade and Sustainable Development
141
Introduction
201
A Biblical Economic Principle and the Sustainable Economy
205
Sustainable Development From Religious Insight to Ethical Principle to Public Policy
216
Notes
225
References Cited in Text
241
Index
247
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About the author (1996)

Named one of a hundred "visionaries who could change your life" by the Utne Reader, Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.

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