Tag results for: Herman Daly
The main epiphany for Raworth is the realization that the economy has both a biophysical ceiling and an ethico-social floor, and that the Keynesian-neoclassical growth synthesis tends to violate both of these limits.
/ June 26, 2017
"When I worked at the World Bank," Daly writes, "I often heard the statement, 'There is no conflict between economics and ecology. I still hear that a lot today. Is it true? Is it possible?"
/ March 6, 2015
Economic growth should stop when the marginal cost of economic growth begins to exceed its marginal benefit. Beyond that point, further growth brings about dis-economy, or growth-induced problems, which do more harm than good.
/ January 31, 2015