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
The economy depends on the environment. Economics can seem to forget that point.Ines Lee Photos/Moment via Getty ImagesHerman 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...
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