Deadly State Economics
The Economics of Biophysical Equilibrium and Moral Growth
Book •
Herman Daly's 'Deadly State Economics: The Economics of Biophysical Equilibrium and Moral Growth' critiques conventional growth-focused economics and advocates for a steady-state economy compatible with ecological limits.
Daly emphasizes the biophysical constraints of ecosystems and the need for moral and institutional changes to achieve sustainable prosperity.
He argues that infinite economic growth on a finite planet is untenable and proposes policies to stabilize population and resource throughput.
The book integrates ecological science with economic thought to propose alternative measures of well‑being beyond GDP growth.
It has been influential in ecological economics and environmental policy discussions.
Daly emphasizes the biophysical constraints of ecosystems and the need for moral and institutional changes to achieve sustainable prosperity.
He argues that infinite economic growth on a finite planet is untenable and proposes policies to stabilize population and resource throughput.
The book integrates ecological science with economic thought to propose alternative measures of well‑being beyond GDP growth.
It has been influential in ecological economics and environmental policy discussions.
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