Beyond growth : the economics of sustainable development
Herman E. Daly (Author)
Herman Daly is probably the most prominent advocate of the need for a change in economic thinking in response to environmental crisis. an iconoclast economist who has worked as a renegade insider at the World Bank in recent years, Daly has argued for overturning some basic economic assumptions. He has a wide and growing reputation among environmentalists, both inside and outside the academy. Daly argues that if sustainable development means anything at this historical moment, it demands that we conceive of the economy as part of the ecosystem and, as a result, give up on the ideal of economic growth. We need a global understanding of developing welfare that does not entail expansion. These simple ideas turn out to be fundamentally radical concepts, and basic ideas about economic theory, poverty, trade, and population have to be discarded or rethought, as Daly shows in careful, accessible detail
vii, 253 pages : illustrations ; 24 cm
9780807047088, 9780807047095, 0807047082, 0807047090
33946953
The shape of current thought on sustainable development
I: Economic theory and sustainable development
1. Moving to a steady-state economy
2. Elements of environmental macroeconomics
3. Consumption: value added, physical transformation, and welfare
II: Operational policy and sustainable development
4. Operationalizing sustainable development by investing in natural capital
5. Fostering environmentally sustainable development; four parting suggestions for the world bank
III: National accounts and sustainable development
6. Toward a measure of sustainable net national product
7. On sustainable development and national accounts
IV: Population and sustainable development
8. Carrying capacity as a tool of development policy: the Ecuadoran Amazon and the Paraguayan Chaco
9. Marx and Malthus in Northeast Brazil: a note on the world's largest class difference in fertility and its recent trends
V: International trade and sustainable development
10. Free trade and globalization vs. environment and community
11. From adjustment to sustainable development: the obstacle of free trade
VI: Two pioneers in the economics of sustainable development
12. The economic thought of Frederick Soddy
13. On Nicholas Georgescu-Roegen's contributions to economics: an obituary essay
VII: Ethics, religion, and sustainable development
14. A biblical economic principle and the sustainable economy
15. Sustainable development: from religious insight to ethical principle to public policy