Off the Pedestal

notes on Speth, James Gustave. “Off the Pedestal: Creating a New Image of Economic Growth.”  Yale Environment 360. 31 May 2011. Economic growth is our favorite thing here in America. The “growth imperative” dominates US political and economic life. There are limits of growth, however. Herman Daly: “if neoclassical economists were true to their trade, they’d recognize … Continue reading

The End of Growth

notes on Daly, Herman. “The End of Growth.” The European Magazine. 05 September 2011. Daly went to the World Bank to work with economists who primarily disagreed with him — “it is of no use preaching to the choir.” At the World Bank, everyone had come from the same elite schools, the same teachers, believing the … Continue reading

Herman Daly

And if economics is a religion, Herman Daly is its arch-heretic, a member of the high priesthood turned renegade. From 1988 to 1994, Daly was the World Bank’s senior environmental economist, a lonely voice of dissent in an organization that frowns on unbelievers. During his six-year tenure, Daly, the economist-turned-ecovisionary whose works established ecological economics … Continue reading