Herman Daly

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Herman Daly is a prominent American ecological economist known for his work in the field of sustainable development and the steady-state economy. He served as a professor at the School of Public Policy at the University of Maryland and worked with the World Bank, where he advocated for a shift towards policies that prioritize environmental sustainability over economic growth. Daly's contributions emphasize the importance of balancing human needs with the planet's ecological limits, arguing that perpetual economic growth is not viable in a world with finite resources.

Throughout his career, Daly has authored several influential books, including 'Economics for a Full World' and 'Natural Capital and Human Economic Survival.' These works focus on integrating ecological principles into economic theory, challenging traditional views of development that disregard the environmental consequences of growth. His ideas have inspired a new generation of economists and environmentalists to rethink how societies can thrive without depleting the planet's natural wealth. Daly's advocacy for a steady-state economy has sparked discussions about alternative economic models that prioritize sustainability and ecological integrity.