Herman E. Daly (Economist)

Herman E. Daly is an American economist known for his work in ecological economics, which merges economic theory with environmental sustainability. He argues that traditional economic growth cannot continue indefinitely due to the planet's limited resources. Daly promotes the idea of a steady-state economy, where human activities and consumption are balanced with ecological limits. He emphasizes sustainability, the importance of reducing pollution, and the fair distribution of resources to ensure a healthy planet for future generations. Daly's thoughts encourage a rethinking of prosperity that values quality of life over mere economic expansion.