Herman E. Daly

Herman E.
Daly
1938

American Ecological Economist and Professor

Author Quotes

Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.

Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth.... Yet one certainly does not cure a treatment-induced disease by increasing the treatment dosage

If nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of novelty aimed at promoting dissatisfaction with last year's model. The system attempts to remake people to fit its own presuppositions. If people's wants are not naturally insatiable we must make them so, in order to keep the system going.

There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.

At the present time, global interdependence is celebrated as a self-evident good. The royal road to development, peace, and harmony is thought to be the unrelenting conquest of each nation's market by all other nations.

Now that the United States and the rest of humanity have begun to confront the natural limits to our resources, we are in need of a new vision - a vision of a sustainable economy.

Author Picture
First Name
Herman E.
Last Name
Daly
Birth Date
1938
Bio

American Ecological Economist and Professor