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From Uneconomic Growth to a Steady-State Economy

Author

Listed:
  • Herman E. Daly

Abstract

In this important book, Herman E. Daly lays bare the weaknesses of growth economics and explains why, in contrast, a steady-state economy is both necessary and desirable. Through the course of the book, Daly develops the basic concept and theory of a steady-state economy from the 1970s limits to growth debates. In doing so, he draws on work from the classical economists, through both conflicts and agreements with neo-classical and Keynesian economists, as well as recent debates on uneconomic growth.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Herman E. Daly, 2014. "From Uneconomic Growth to a Steady-State Economy," Books, Edward Elgar Publishing, number 16030.
  • Handle: RePEc:elg:eebook:16030
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    Citations

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    Cited by:

    1. Farley, Joshua & Melgar, Rigo E.M. & Hasan Ansari, Danish & Burke, Matthew J. & Danielsen, Julia & Egler, Megan & Makombore, Lizah & Neira, Juliana & Poudel, Shashank & Sellers, Shaun & Smolyar, Nina , 2024. "Rethinking ecosystem services from the anthropocene to the Ecozoic: Nature’s benefits to the biotic community," Ecosystem Services, Elsevier, vol. 67(C).
    2. Tim Jackson & Peter Victor & Ali Asjad Naqvi, 2016. "Towards a Stock-Flow Consistent Ecological Macroeconomics. WWWforEurope Working Paper No. 114," WIFO Studies, WIFO, number 58788.
    3. Kallis, Giorgos & Sager, Jalel, 2017. "Oil and the economy: A systematic review of the literature for ecological economists," Ecological Economics, Elsevier, vol. 131(C), pages 561-571.
    4. Benjamin T. Phalan, 2018. "What Have We Learned from the Land Sparing-sharing Model?," Sustainability, MDPI, vol. 10(6), pages 1-24, May.
    5. Pinto Jorge, 2020. "Environmentalism, Ecologism, and Basic Income," Basic Income Studies, De Gruyter, vol. 15(1), pages 1-12, June.
    6. Haydn Washington, 2021. "Questioning the Assumptions, Sustainability and Ethics of Endless Economic Growth," JRFM, MDPI, vol. 14(10), pages 1-15, October.
    7. Hazan, Aurélien, 2019. "A maximum entropy network reconstruction of macroeconomic models," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 519(C), pages 1-17.
    8. Jackson, Tim & Victor, Peter A., 2015. "Does credit create a ‘growth imperative’? A quasi-stationary economy with interest-bearing debt," Ecological Economics, Elsevier, vol. 120(C), pages 32-48.
    9. Hensher, Martin & Canny, Ben & Zimitat, Craig & Campbell, Julie & Palmer, Andrew, 2020. "Health care, overconsumption and uneconomic growth: A conceptual framework," Social Science & Medicine, Elsevier, vol. 266(C).
    10. Mishal J. Al-Thani & Muammer Koç, 2023. "In Search of Sustainable Economy Definition: A Qatari Perspective," Sustainability, MDPI, vol. 15(13), pages 1-15, June.
    11. Long, Xianling & Ji, Xi, 2019. "Economic Growth Quality, Environmental Sustainability, and Social Welfare in China - Provincial Assessment Based on Genuine Progress Indicator (GPI)," Ecological Economics, Elsevier, vol. 159(C), pages 157-176.
    12. Andrade, Daniel Caixeta & Garcia, Junior Ruiz, 2015. "Estimating the Genuine Progress Indicator (GPI) for Brazil from 1970 to 2010," Ecological Economics, Elsevier, vol. 118(C), pages 49-56.
    13. C. Michael Hall & Kimberley J. Wood, 2021. "Demarketing Tourism for Sustainability: Degrowing Tourism or Moving the Deckchairs on the Titanic?," Sustainability, MDPI, vol. 13(3), pages 1-15, February.
    14. Alfredo R.M. Rosete & Hendrik Van den Berg, 2019. "Macroeconomic Policy in an Environmentally-Constrained Economy: A Dialectical Materialist Application of the Harrod Growth Model," Review of Radical Political Economics, Union for Radical Political Economics, vol. 51(4), pages 544-552, December.
    15. Ji, Xi & Wu, Guowei & Su, Pinyi & Luo, Xuanyuan & Long, Xianling, 2022. "Does legislation improvement alleviate the decoupling between welfare and wealth in China?," Ecological Economics, Elsevier, vol. 201(C).
    16. Richard Heinberg & Timothy Crownshaw, 2018. "Energy Decline and Authoritarianism," Biophysical Economics and Resource Quality, Springer, vol. 3(3), pages 1-11, September.
    17. Chirag Dhara & Vandana Singh, 2021. "The Elephant in the Room: Why Transformative Education Must Address the Problem of Endless Exponential Economic Growth," Papers 2101.07467, arXiv.org.
    18. Madhavi Venkatesan, 2016. "The Role of Economics: Creating the Sustainable Rational Agent," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(2), pages 187-197, May.

    Book Chapters

    The following chapters of this book are listed in IDEAS

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