Ecological Economics and Sustainable Development: Selected Essays of Herman Daly

"Ecological Economics and Sustainable Development" comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly's ever-illuminating work. This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy - one with deeper biophysical and ethical roots. Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world vs empty world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation vs distribution vs scale issues; non enclosure of rival goods and enclosure of non rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource vs value added taxation; globalization vs internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above. This fascinating work will appeal to scholars and academics of ecological, environmental, development and environmental resource economics and studies.