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Herman E. Daly Quotes: We need an economics fit for purpose in a finite and entropic world.
         

We need an economics fit for purpose in a finite and entropic world.


Herman E. Daly
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Other quotes of Herman E. Daly


There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.

There is something fundamentally wrong in treating the Earth as if it were a business in liquidation.



The economy is a wholly owned subsidiary of the environment, not the reverse.

The economy is a wholly owned subsidiary of the environment, not the reverse.



Malthus has been buried many times, and Malthusian scarcity with him. But as Garrett Hardin remarked, anyone who has to be reburied so often cannot be entirely dead.

Malthus has been buried many times, and Malthusian scarcity with him. But as Garrett Hardin remarked, anyone who has to be reburied so often cannot be entirely dead.



Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes.

Nonrenewable resources should be exploited, but at a rate equal to the creation of renewable substitutes.



Growth is widely thought to be the panacea for all the major economic ills of the modern world.

Growth is widely thought to be the panacea for all the major economic ills of the modern world.



But the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth does inflict opportunity costs on the finite Whole that must be counted.

But the macro-economy is not the Whole. It too is a Part, a part of the larger natural economy, the ecosphere, and its growth does inflict opportunity costs on the finite Whole that must be counted.



Reproduction is more pleasurable than death.

Reproduction is more pleasurable than death.



While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.

While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.



The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.

The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.



Growth chestnuts have to be placed on the unyielding anvil of biophysical realities and then crushed with the hammer of moral argument.

Growth chestnuts have to be placed on the unyielding anvil of biophysical realities and then crushed with the hammer of moral argument.





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Skin color doesn't make you different, " Melody said. "We're all the same on the inside."The only people who ever say that, " Raymond replied, "are white.

Skin color doesn't make you different, " Melody said. "We're all the same on the inside."The only people who ever say that, " Raymond replied, "are white.



What is cheaper than lust or of less value than alchemy or aphrodisiacs?

What is cheaper than lust or of less value than alchemy or aphrodisiacs?



I had four hundred thousand pages of continental philosophy and lit theory in my head. And by God, I was going to use it to prove to him that I was smarter than he was.

I had four hundred thousand pages of continental philosophy and lit theory in my head. And by God, I was going to use it to prove to him that I was smarter than he was.



I've seen that most people change as they get older.

I've seen that most people change as they get older.



The negatives about [Adolf] Hitler were that he was away a lot and couldn't behave towards Eva [Braun] as he should.

The negatives about [Adolf] Hitler were that he was away a lot and couldn't behave towards Eva [Braun] as he should.



There's a lot more to life than how fat or thin you are.

There's a lot more to life than how fat or thin you are.



Happiness is rarely absent; it is we that know not of its presence.

Happiness is rarely absent; it is we that know not of its presence.



The lover is a monotheist who knows that other people worship different gods but cannot himself imagine that there could be other gods.

The lover is a monotheist who knows that other people worship different gods but cannot himself imagine that there could be other gods.



The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.

The managers at fault periodically report on the lesson they have learned from the latest disappointment. They then usually seek out future lessons.




Quote Description


This page presents the quote "We need an economics fit for purpose in a finite and entropic world.". Author of this quote is Herman E. Daly. This quote is about economics, fit, purpose, needs, finite, world,.