Toward a Steady-State Economy

By Herman E. Daly (editor),

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Why read it?

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

Economist Herman Daly, who died in 2022, had a wide and deep influence–except among his fellow economists. I have read virtually everything he wrote. Daly's long introduction to this edited book is an early yet comprehensive exposition of his ideas on a steady-state economy.

I also found the chapters written by luminaries such as Kenneth Boulding and E.F. Schumacher inspiring and thought-provoking. Much of the book is as relevant today to the transition to a post-growth society as when it was published in 1973. Other editions followed, but the first edition remains my favorite.

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