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The Conversation USA

The inconvenient truth of Herman Daly: There is no economy without environment

  • Written by Jon D. Erickson, Professor of Sustainability Science and Policy, University of Vermont
imageThe economy depends on the environment. Economics can seem to forget that point.Ines Lee Photos/Moment via Getty Images

Herman Daly had a flair for stating the obvious. When an economy creates more costs than benefits, he called it “uneconomic growth.” But you won’t find that conclusion in economics textbooks. Even suggesting that...

Read more: The inconvenient truth of Herman Daly: There is no economy without environment

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