Herman Edward Daly (July 21, 1938 – October 28, 2022) was an American

ecological Ecology () is the natural science of the relationships among living organisms and their environment. Ecology considers organisms at the individual, population, community, ecosystem, and biosphere levels. Ecology overlaps with the closely re ...

and

Georgist Georgism, in modern times also called Geoism, and known historically as the single tax movement, is an economic ideology holding that people should own the value that they produce themselves, while the economic rent derived from land—includ ...

economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...

and professor at the School of Public Policy of

University of Maryland, College Park The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public university, public Land-grant university, land-grant research university in College Park, Maryland, United States. Founded in 1856, UMD i ...

in the United States, best known for his time as a senior economist at the

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

from 1988 to 1994. In 1996, he was awarded the

Right Livelihood Award The Right Livelihood Award is an international award to "honour and support those offering practical and exemplary answers to the most urgent challenges facing us today." The prize was established in 1980 by German-Swedish philanthropist Jakob vo ...

for "defining a path of

ecological economics Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economy, economies and natural ec ...

that integrates the key elements of ethics, quality of life, environment and community."

Life and work

Daly was born in Houston, Texas in 1938. Before joining the World Bank, Daly was a research associate at Yale University, and Alumni Professor of Economics at

Louisiana State University Louisiana State University and Agricultural and Mechanical College, commonly referred to as Louisiana State University (LSU), is an American Public university, public Land-grant university, land-grant research university in Baton Rouge, Louis ...

. Daly was Senior Economist in the Environment Department of the

, where he helped to develop policy guidelines related to

sustainable development Sustainable development is an approach to growth and Human development (economics), human development that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs.United Nations General ...

. While there, he was engaged in environmental operations work in Latin America. He is closely associated with theories of a

steady-state economy A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the economy, national eco ...

. He was a co-founder and associate editor of the journal, ''

Ecological Economics Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economy, economies and natural ec ...

''. In 1989 Daly and John B. Cobb developed the Index of Sustainable Economic Welfare (ISEW), which they proposed as a more valid measure of socio-economic progress than

gross domestic product Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...

. Daly is a recipient of an Honorary

, the

Heineken Prize The Heineken Prizes for Arts and Sciences consist of 11 awards biannually bestowed by Royal Netherlands Academy of Arts and Sciences. The prizes are named in honor of Henry Pierre Heineken, son of founder Gerard Adriaan Heineken, Alfred Heinek ...

for Environmental Science from the

Royal Netherlands Academy of Arts and Sciences The Royal Netherlands Academy of Arts and Sciences (, KNAW) is an organization dedicated to the advancement of science and literature in the Netherlands. The academy is housed in the Trippenhuis in Amsterdam. In addition to various advisory a ...

, the 1992

University of Louisville The University of Louisville (UofL) is a public university, public research university in Louisville, Kentucky, United States. It is part of the Kentucky state university system. Chartered in 1798 as the Jefferson Seminary, it became in the 19t ...

Grawemeyer Award The Grawemeyer Awards () are five awards given annually by the University of Louisville. The prizes are presented to individuals in the fields of education, ideas improving world order, music composition, religion, and psychology. The religion awa ...

for Ideas Improving World Order, the Sophie Prize (Norway), the

Leontief Wassily Wassilyevich Leontief (; August 5, 1905 – February 5, 1999) was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Memo ...

Prize from the

Global Development and Environment Institute The Global Development And Environment Institute (GDAE, pronounced “gee-day”) is a research center at Tufts University founded in 1993. GDAE conducts research and develops teaching materials in economics and related areas that follow an interdi ...

, and was chosen as Man of the Year 2008 by ''

Adbusters The Adbusters Media Foundation is a Canadian-based not-for-profit, pro-environment organization founded in 1989 by Kalle Lasn and Bill Schmalz in Vancouver, British Columbia. Adbusters describes itself as "a global network of artists, activis ...

'' magazine. He is widely credited with having originated the idea of uneconomic growth, though some credit this to

Marilyn Waring Dame Marilyn Joy Waring (born 7 October 1952) is a New Zealand public policy scholar, international development consultant, former politician, environmentalist, feminist and a principal founder of feminist economics. In 1975, aged 23, she bec ...

who developed it more completely in her study of the UN System of National Accounts. In 2014, Daly was the recipient of the

Blue Planet Prize The Blue Planet Prize recognises outstanding efforts in scientific research or applications of science that contribute to solving global environmental problems. The prize was created by the Asahi Glass Foundation in 1992, the year of the Rio Ear ...

of the Asahi Glass Foundation. He died of a cerebral hemorrhage on October 28, 2022, at the age of 84.

''Toward a Steady-State Economy''

Daly was the editor of a long-lived and influential anthology, originally published in 1973 as ''Toward a Steady-State Economy'', and twice revised (under different titles; see bibliography), in 1980 and 1993. Writers and topics in the original 1973 edition included: *

Nicholas Georgescu-Roegen Nicholas Georgescu-Roegen (born Nicolae Georgescu, 4 February 1906 – 30 October 1994) was a Romanian mathematician, statistician and economist. He is best known today for his 1971 Masterpiece, magnum opus ''The Entropy Law and the Economic Pr ...

on ''The Entropy Law and the Economic Process'' *

Preston Cloud Preston Ercelle Cloud, Jr. (September 26, 1912 – January 16, 1991) was an American earth scientist, biogeologist, cosmologist, and paleontologist. He served in the United States Navy (in which he was a bantamweight boxing champion), and led ...

on mineral resources *

Paul R. Ehrlich Paul Ralph Ehrlich (born May 29, 1932) is an American biologist known for his predictions and warnings about the consequences of population growth, including famine and resource depletion. Ehrlich is the Bing Professor Emeritus of Population ...

and

John Holdren John Paul Holdren (born March 1, 1944) is an American scientist who served as the senior advisor to President Barack Obama on science and technology issues through his roles as assistant to the president for science and technology, director of the ...

on population * Leon R. Kass on bioethics *

Kenneth E. Boulding Kenneth Ewart Boulding (; January 18, 1910 – March 18, 1993) was an English-born American economist, educator, peace activist, and interdisciplinary philosopher.David LatzkoKenneth E. Boulding Comments at personal.psu.edu. Accessed 24 April 20 ...

on the "Economics of the Coming Spaceship Earth" *

Garrett Hardin Garrett James Hardin (April 21, 1915 – September 14, 2003) was an American ecologist and microbiologist. He focused his career on the issue of human overpopulation, and is best known for his exposition of the tragedy of the commons in a 1968 p ...

's 1968 article, "

The Tragedy of the Commons The tragedy of the commons is the concept that, if many people enjoy unfettered access to a finite, valuable resource, such as a pasture, they will tend to overuse it and may end up destroying its value altogether. Even if some users exercised vo ...

" * Daly on the steady-state economy * Warren A. Johnson on the guaranteed income as an environmental measure * Richard England and

Barry Bluestone Barry Alan Bluestone (born December 27, 1944) is an American academic who is the Stearns Trustee Professor of Political Economy, founding director of the Kitty and Michael Dukakis Center for Urban and Regional Policy, and the founding dean of the ...

on ecology and social conflict * William Ophuls on political economy ("Leviathan or oblivion?") *

E. F. Schumacher Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-born British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.Biography on the inner dust ...

on ''

Small Is Beautiful ''Small Is Beautiful: A Study of Economics As If People Mattered'' is a collection of essays published in 1973 by German-born British economist E. F. Schumacher. The title "Small Is Beautiful" came from a principle espoused by Schumache ...

'' (title of his book, also published in 1973) * Walter A. Weisskopf on economic growth versus existential balance * Daly's essay, "Electric power, employment, and economic growth: a case study in growthmania" *

Jørgen Randers Jørgen Randers (born 22 May 1945) is a Norwegian academic, professor emeritus of climate strategy at the BI Norwegian Business School, and practitioner in the field of future studies.

and

Donella Meadows Donella Hager "Dana" Meadows (March 13, 1941 – February 20, 2001) was an American environmental scientist, educator, and writer. She is best known as lead author of the books '' The Limits to Growth'' and '' Thinking In Systems: A Primer''. ...

on the carrying capacity of the environment * John B. Cobb on "ecology, ethics, and theology" *

C.S. Lewis CS, C-S, C.S., Cs, cs, or cs. may refer to: Job titles * Chief Secretary (Hong Kong) * Chief superintendent, a rank in the British and several other police forces * Company secretary, a senior position in a private sector company or public se ...

on ''

The Abolition of Man ''The Abolition of Man'' is a 1943 book by C. S. Lewis. Subtitled "Reflections on education with special reference to the teaching of English in the upper forms of schools", it uses a contemporary text about poetry as a starting point for a def ...

'' (an extract from his 1943 book of the same name)

Death

Daly died on October 28, 2022, at the age of 84.Der fundierteste Wachstumskritiker ist tot
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Selected publications

Books

* * Received the

for ideas for improving World Order. * *

Edited anthologies

* * Revised edition of 1973 anthology. * Revised edition of 1980 anthology.

Essays

* * *

Textbooks

* * *

Articles

* * * ::See also: * ::See also:

Robert Solow Robert Merton Solow, GCIH (; August 23, 1924 – December 21, 2023) was an American economist who received the 1987 Nobel Memorial Prize in Economic Sciences, and whose work on the theory of economic growth culminated in the exogenous growth ...

and

Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, political activist, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2 ...

. *

* Paper presented to the UK Sustainable Development Commissio

* *Herman Daly interviewed by David Marchese
'This Pioneering Economist Says Our Obsession With Growth Must End,'

New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

17 July 2022

References

External links

Center for the Advancement of the Steady State Economy (CASSE)

The Daly News
steady state commentary and related news, with essays by Herman Daly

1999, on "uneconomic growth in theory and in fact"

{{DEFAULTSORT:Daly, Herman 1938 births 2022 deaths 20th-century American economists American sustainability advocates American systems scientists University of Maryland, College Park faculty Rice University alumni Vanderbilt University alumni Winners of the Heineken Prize Ecological economists Environmental economists Georgist economists People associated with criticism of economic growth Anti-consumerists