Ecological Economics and the Ecology of Economics: Essays in Criticism

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In this controversial new book Herman Daly, a leading commentator on the environment, offers lively criticism of existing work on ecological economics and the economics of ecology. The theme throughout the book is about changes in perspective, attitudes and policies required to avoid uneconomic growth - that is, the impoverishment that results when the environmental and social costs of growth exceed the benefits." "This book will be of interest to economists, ecologists, environmentalists, public policy scholars and activitists, as well as to social philosophers.
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Editorial Reviews

Contains articles first published in journals in the 1980s and 1990s by a leading commentator on the environment, offering lively criticism of existing work on ecological economics and the economics of ecology. A theme of all the essays is that changes in perspective, attitudes, and policies are required to avoid the impoverishment that results when environmental and social costs of growth exceed benefits. Issues addressed include growth economics, misunderstandings of thermodynamics, economic development and population, globalization, money, and humans in the ecosystem. The author is a professor in the school of public affairs at the University of Maryland. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9781840641097
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/2000
  • Pages: 208

Table of Contents

List of figures
Biographical sketch
Pt. I On the Roots of Error in Growth Economics
1 Boundless bull 3
2 Uneconomic growth: in theory, in fact, in history, and in relation to globalization 8
Pt. II On Some Specific Errors in Growth Economics
3 Ultimate confusion: the economics of Julian Simon 27
4 Free market environmentalism: turning a good servant into a bad master 34
5 Review of Wilfred Beckerman's Small is Stupid: Blowing the Whistle on the Greens 46
6 Farewell lecture to the World Bank 60
7 Review of Martin W. Lewis's Green Delusions: an environmentalist critique of radical environmentalism 69
Pt. III On Economists' Misunderstanding of Thermodynamics
8 Georgescu-Roegen versus Solow/Stiglitz 77
9 Reply to Solow/Stiglitz 85
10 A note on neoclassical production theory and alchemy 89
11 Thermodynamic and economic concepts as related to resource-use policies: comment 95
12 Comment: Is the entropy law relevant to the economics of natural resource scarcity? - Yes, of course it is! 100
Pt. IV On Economic Development and Population
13 Population Growth and Economic Development: Policy Questions - a review 109
14 Chicago School individualism versus sexual reproduction: a critique of Becker and Tomes 114
Pt. V On Globalization as Growth Economics' Last Gasp
15 Free trade, sustainable development and growth: some serious contradictions - a review 123
16 Review of Dani Rodrik's Has Globalization Gone Too Far? 128
Pt. VI On Money
17 Money, debt, and wealth 135
Pt. VII On Purpose
18 Review of Edward O. Wilson's On Human Nature 173
19 Beginning again on purpose: review of David Ehrenfeld's Beginning Again: People and Nature in the New Millennium 177
20 The cosmic purpose 181
Index 187
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