Steady-State Economics

By Herman E. Daly,

Book cover of Steady-State Economics

Book description

First published in 1977, this volume caused a sensation because of Daly's radical view that "enough is best." Today, his ideas are recognized as the key to sustainable development, and Steady-State Economics is universally acknowledged as the leading book on the economics of sustainability.

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Why read it?

1 author picked Steady-State Economics as one of their favorite books. Why do they recommend it?

Want solutions? Start with our failed economic system. Daly, a World Bank senior economist, examines the economic restructuring necessary to live on a finite planet. He corrects the errors of classic economics by showing that a human economy is a subsystem embedded in a finite, fragile ecosystem, maintained by extracting limited resources and exporting waste. A steady-state economy accounts for the limits of both resources and waste. 

From Rex's list on ecology from an ecologist.

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