Herman Daly (Economist)

Herman Daly is an influential economist known for his work in ecological economics, emphasizing the relationship between the economy and the environment. He argues for sustainable development, which balances economic growth with environmental health. Daly advocates for limits on resource use and pollution, suggesting that our economy should operate within the planet's ecological capacity. He is critical of the traditional economic focus on endless growth, promoting instead a steady-state economy where the scale of human activity is stabilized to protect ecosystems and ensure long-term well-being for all.