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We need an economics fit for purpose in a finite and entropic world.

Herman E. Daly

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Herman E. Daly
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World
Finite
Economics
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More quotes by Herman E. Daly

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There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.
Herman E. Daly
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Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes.
Herman E. Daly
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Malthus has been buried many times, and Malthusian scarcity with him. But as Garrett Hardin remarked, anyone who has to be reburied so often cannot be entirely dead.
Herman E. Daly
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Growth chestnuts have to be placed on the unyielding anvil of biophysical realities and then crushed with the hammer of moral argument.
Herman E. Daly
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Growth is widely thought to be the panacea for all the major economic ills of the modern world.
Herman E. Daly
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We say we need to clean up the environment to clean up the environment, we need to be richer. But maybe getting richer is actually making us poorer.
Herman E. Daly
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While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.
Herman E. Daly
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Presumably, technology has made man increasingly independent of his environment. But, in fact, technology has merely substituted nonrenewable resources for renewables, which is more an increase than a decrease in dependence.
Herman E. Daly