Herman Daly
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Herman Edward Daly (July 21, 1938 – October 28, 2022) was an American
ecological Ecology () is the study of the relationships between living organisms, including humans, and their physical environment. Ecology considers organisms at the individual, population, community, ecosystem, and biosphere level. Ecology overlaps wi ...
and
Georgist Georgism, also called in modern times Geoism, and known historically as the single tax movement, is an economic ideology holding that, although people should own the value they produce themselves, the economic rent derived from Land (economics), ...
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 land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of ...
in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
, 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 grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...
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 that integrates the key elements of ethics, quality of life, environment and community."


Life and work

Dale 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 (officially Louisiana State University and Agricultural and Mechanical College, commonly referred to as LSU) is a public land-grant research university in Baton Rouge, Louisiana. The university was founded in 1860 n ...
. Daly was Senior Economist in the Environment Department of the
World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...
, where he helped to develop policy guidelines related to
sustainable development Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The ...
. 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 e ...
. He was a co-founder and associate editor of the journal, '' Ecological Economics''. In 1989 Daly and
John B. Cobb John Boswell Cobb, Jr. (born 9 February 1925) is an American theologian, philosopher, and environmentalist. Cobb is often regarded as the preeminent scholar in the field of process philosophy and process theology, the school of thought associ ...
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 market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is of ...
. Daly is a recipient of an Honorary
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 ...
, 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 Heineken ...
for Environmental Science from the
Royal Netherlands Academy of Arts and Sciences The Royal Netherlands Academy of Arts and Sciences ( nl, Koninklijke Nederlandse Akademie van Wetenschappen, abbreviated: KNAW) is an organization dedicated to the advancement of science and literature in the Netherlands. The academy is housed ...
, the 1992
University of Louisville The University of Louisville (UofL) is a public research university in Louisville, Kentucky. It is part of the Kentucky state university system. When founded in 1798, it was the first city-owned public university in the United States and one ...
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 Prize from the Global Development and Environment Institute, 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 beca ...
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 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 Earth Summit, and ...
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 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 and John Holdren on population * Leon R. Kass on bioethics * Kenneth E. Boulding on the "Economics of the Coming Spaceship Earth" *
Garrett Hardin Garrett James Hardin (April 21, 1915 – September 14, 2003) was an American ecologist. 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 paper of the same t ...
's 1968 article, "
The Tragedy of the Commons ''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the ...
" * Daly on the steady-state economy * Warren A. Johnson on the guaranteed income as an environmental measure * Richard England and Barry Bluestone on ecology and social conflict *
William Ophuls William Ophuls, the pen name of Patrick Ophuls, (born 1934) is an American political scientist, ecologist, independent scholar and author. He is known for his pioneering role in the modern environmental movement. His work focuses on some of the ecol ...
on political economy ("Leviathan or oblivion?") *
E.F. Schumacher Ernst Friedrich Schumacher (16 August 1911 – 4 September 1977) was a German-British statistician and economist who is best known for his proposals for human-scale, decentralised and appropriate technologies.Biography on the inner dustjacke ...
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 Schumach ...
'' (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 John Boswell Cobb, Jr. (born 9 February 1925) is an American theologian, philosopher, and environmentalist. Cobb is often regarded as the preeminent scholar in the field of process philosophy and process theology, the school of thought associ ...
on "ecology, ethics, and theology" * C.S. Lewis on '' The Abolition of Man'' (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
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 for improving World Order. * *


Edited anthologies

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


Essays

* * *


Textbooks

* * *


Articles

* * * ::See also: * ::See also: Nicholas Georgescu-Roegen,
Robert Solow Robert Merton Solow, GCIH (; born August 23, 1924) is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at th ...
and
Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American New Keynesian economist, a public policy analyst, and a full professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the J ...
. *

* 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'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
17 July 2022


See also

* Ecological economics * * * , Daly's comment on the Pope's 2015 encyclical


References


Further reading


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 American economists 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