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Can We Redefine Prosperity? - Herman Daly - Towards a Steady State Economy
20 hours ago ago from The Oil Drum - Discussions about Energy and Our Future
As the holidays approach we will probably be highlighting some of our better content from years past. The below essay, on the day of Fed Chairman Bernankes reappointment, is perhaps an apppropriate example of such. Originally the essay is written by Herman Daly , who popularized the term "Steady State Economy" over 3 decades ago. (Professor Daly subsequently contributed another oildrum essay on the credit crisis ). Just as Paul Volkers recent ...
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