- Shopping Bag ( 0 items )
Herman E. DalyWhile the IMF, the World Bank, and the government of Costa Rica all nominally favor 'sustainable development,' current development models do not face the hard questions and are therefore often worse than useless. Does not sustainability, even for an ecologically aware country like Costa Rica, depend on population, a lower level of per capita resource use, a lower national and foreign debt, and a lower import dependence on imported food and energy? Hall et al. look behind the financial symbols of development to produce a critically needed empirical framework for integrating economic theory with biophysical realities. One may not agree with all of the authors' criticisms of economics, but we ignore the fundamental lessons of this book at our collective peril.
—Herman E. Daly, University of Maryland, School of Public Affairs