The Inconvenient Truth of Herman Daly: there is no economy without environment

Jon D. Erickson, University of Vermont 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 economic growth could cost more than it’s worth can be seen as economic heresy. The

The Progress Illusion: Reclaiming Our Future from the Fairytale of Economics

My new book with Island Press is out! Below is a brief synopsis, and here’s a link to the publisher’s web site: https://islandpress.org/books/progress-illusionhttps://islandpress.org/books/progress-illusion. We live under the illusion of progress: as long as GDP is going up and prices stay low, we accept poverty and pollution as unfortunate but inevitable byproducts of a successful economy.