100 books like Ecological Economics and Sustainable Development, Selected Essays of Herman Daly

This book provides an essential introduction to the expanding field of ecological economics.

Authored by some of the leading figures in the field, it covers the basic evidence of global limits to economic activity such as climate change, biodiversity loss, and land degradation. The historical basis for ecological economic theory is explained in non-technical terms.

The book covers issues of sustainable scale, natural capital, and ecosystem services – simple concepts that nonetheless revolutionize economic thinking. It concludes with an analysis of policies needed to achieve sustainability. 

This is a great selection of more recent work in ecological economics. It focuses on seeking alternatives to standard economists’ fixation on unlimited economic growth.

Drawing on physical science, ecology, and the science of human behavior, contributors show how economic growth itself has become “uneconomic” and incompatible with a healthy ecosystem. An alternative vision – a human economic system in balance with the environment, while providing for essential needs and a high quality of life – is presented in contributions by scholars from diverse fields. 

Peter Victor, a leading Canadian economist, has worked to reform economic thinking and modeling to take account of twenty-first-century realities: the increasing stress placed on the world’s ecosystems by growing population, energy demand, pressure on agricultural and water systems, and multiple forms of pollution.

Victor surveys alternatives such as green growth, post-growth, degrowth, and regenerative economics, offering hope for a positive social, economic, and ecological future. 

Robby Richardson is an old friend and colleague who has led the way in developing practical ecological economics policies.

He has been on the front lines: fired by the Trump administration from a position at EPA for defending effective environmental protection, he returned to government in the Department of the Interior in the Biden administration, and in that role has developed natural resource accounting systems to guide government policy.

In this edited volume, he brings together leading ecological economics scholars to offer a variety of perspectives on building a green economy that places human welfare above consumerism and resource-intensive growth. 

The climate crisis, many of us now understand, may just end up crushing us. What can save us from that crushing?

Greater income equality, the former World Bank economist Herman Daly argued in this concise 1996 volume, has to be central to our solution. Daly, who passed away in 2022, pioneered the discipline of ecological economics.

Our planet, this University of Maryland professor emeritus believed, has “a limit to the total material production that the ecosystem can support.” In other words, we can’t afford to continue grasping for ever more.

We need to center ourselves instead around having enough, and that means, Daly concluded, moving toward adopting a “maximum personal income” since having 99 percent of a limited total product “go to only one person” would be “clearly unjust.”

In his heyday, Kenneth Boulding was among America’s leading intellectuals across the natural and social sciences. A cofounder of the fields of ecological economics and of peace economics, he also wrote poetry.

Well-known books of his include The Image and Conflict and Defense, but I like the little Stable Peace the best. Just 143 pages long, it takes peace seriously, not as a utopian ideal but as a practical policy option. Boulding asks: as a scientific matter, what might it take to reach stable peace?

If nothing else, you will enjoy both the power of his concepts and of his writing. If phrases like “policy is social agriculture” don’t stop and engage you, what will?

The book that gave birth to the slogan... This is an iconoclastic look at the capitalist economy from a man who trained as an academic economist and worked for the National Coal Board. Schumacher thought creatively and wrote and spoke in a lively and engaging way and the book is an accessible introduction to a different way of thinking about what the purpose of an economy, or economics, is.

Also, Schumacher was invited to become the first Director of the Anglo-German Foundation for the Study of Industrial Society, but felt that he was already too old for the job. Many years later, I became the Foundation’s last Director.

This highly readable, best-selling book explains how the West’s free-market economies grew rich while others stagnated. (1) The West provided the freedom to innovate in products processes and organizations while other societies resisted these activities. (2) The West’s diffusion of economic power from a centralised political sphere to a decentralized economic sphere was essential in establishing and maintaining this freedom. (3) The West’s market-based institutions allowed successful innovators to earn large gains while unsuccessful innovators and non-innovating firms suffered losses. (4) The growth of Western science nurtured economic growth produced by innovators who were typically well-versed in engineering and Newtonian mechanistic science.

Let us be realistic, we all know that our economic system is broken. We cannot go on making stuff and throwing it away on a finite planet.

There are now 8 billion people on Earth all wanting to have a good life. So what is the alternative to economic growth? Well, Tim wonderfully shows us how the economy of tomorrow could protect employment, facilitate social investment, reduce inequality, and deliver both ecological and financial stability.

When this book was first published it was seen as a radical and dangerous text. Now with the rise of environmental and ecological economics it is the fundamental book that kicked off the revolution in the way we see the future.

For anyone interested in a comfortable tour through some of the greatest economists, this book is a must-read.

It is like having a personal conversation with the world's leading economic masterminds, as it explores their beliefs, backgrounds, and legacies. This book is well-written and easy to follow, making it an excellent choice for anyone.

Economics is not only concerned with fiscal policies and national economies. And this book does a good job of illustrating the fact that Economics plays a role in almost every aspect of human life.

Furthermore, I would like to acknowledge the inclusion of Daniel Kahneman in the book, an Israeli-American psychologist and Nobel Prize winner whose empirical findings challenged the assumption of human rationality, i.e. the foundation of modern Economics.