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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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Herman E. Daly
Modern
Economic
Thought
Panacea
World
Ills
Widely
Majors
Major
Growth

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While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.
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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.
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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.
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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.
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We need an economics fit for purpose in a finite and entropic world.
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There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.
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