Herman E. Daly
Herman Edward Daly was an American ecological and Georgist economist and professor at the School of Public Policy of University of Maryland, College Park in the United States, best known for his time as a senior economist at the World Bank from 1988 to 1994. In 1996, he was awarded the Right Livelihood Award for "defining a path of ecological economics that integrates the key elements of ethics, quality of life, environment and community."
Trending & Selected Quotes
Trending topics shown first"Even if we can never quantify ... as precisely as we currently quantify GNP,... perhaps it is better to be vaguely right than precisely wrong."
"Organisms cannot survive in a medium consisting of their own final outputs. Neither can economies."
"Economists have focused too much on the economy’s circulatory system and have neglected to study its digestive tract. Throughput growth means pushing more of the same food through an ever larger diges…"
"The cosmology of scientific materialism … considers the cosmos an absurd accident, and life within it to be no more than another accident."
"We have lived for 200 years in a growth economy. In this time we have come to believe that all our major economic ills – from unemployment and poverty to overpopulation and even environmental degradat…"
"Economic logic requires that we maximize the productivity of the limiting factor in the short run, and invest in increasing its supply in the long run. When the limiting factor changes, then behavior …"
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Timeline
1938
Born
Birth2022
Died
Death
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