Herman E. Daly Quotes

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

  Herman E. Daly

  Motivational, Nature, Earth

  Herman E. Daly (1991). “Steady-State Economics: Second Edition With New Essays”, p.248, Island Press

  54 Copy quote

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

  Herman E. Daly

  Nature, Environment, Economy

  Attributed to Herman E. Daly in Tristan Clark "Stick This in Your Memory Hole" (p. 19), 2007.

  18 Copy quote

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

  Herman E. Daly

  Needs, Purpose, World

  19 Copy quote

• Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.

  Herman E. Daly

  Wise, Country, Real

  16 Copy quote

• Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth.... Yet one certainly does not cure a treatment-induced disease by increasing the treatment dosage.

  Herman E. Daly

  Growth, Environmental, Physicians

  12 Copy quote

• The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, socialist, or fascist. We do not create or destroy (produce or consume) anything in a physical sense- we merely transform or rearrange. And the inevitable cost of arranging greater order in one part of the system (the human economy) is creating a more than offsetting amount of disorder elsewhere (the natural environment).

  Herman E. Daly

  Technology, Men, Law

  11 Copy quote

• We say we need to clean up the environment; to clean up the environment, we need to be richer. But maybe getting richer is actually making us poorer.

  Herman E. Daly

  Needs, Environment, Clean

  5 Copy quote

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

  Herman E. Daly

  Creation, Resources, Should

  Herman E. Daly (1991). “Steady-State Economics: Second Edition With New Essays”, p.256, Island Press

  10 Copy quote

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

  Herman E. Daly

  Hands, Invisible Hand, Feet

  8 Copy quote

• Presumably, technology has made man increasingly independent of his environment. But, in fact, technology has merely substituted nonrenewable resources for renewables, which is more an increase than a decrease in dependence.

  Herman E. Daly

  Independent, Technology, Men

  Herman E. Daly (1991). “Steady-State Economics: Second Edition With New Essays”, p.125, Island Press

  8 Copy quote

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

  Herman E. Daly

  Growth, World, Modern

  Herman E. Daly (2007). “Ecological Economics and Sustainable Development”, p.12, Edward Elgar Publishing

  9 Copy quote

• The individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairness, malevolence, and benevolence, nor for the preservation of human life or any other moral concern.

  Herman E. Daly

  Real, Self, Behaviour

  13 Copy quote

• 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.

  Herman E. Daly

  Opportunity, Growth, Doe

  9 Copy quote

• If nonsatiety were the natural state of human nature then aggressive want-stimulating advertising would not be necessary, nor would the barrage of novelty aimed at promoting dissatisfaction with last year's model. The system attempts to remake people to fit its own presuppositions. If people's wants are not naturally insatiable we must make them so, in order to keep the system going.

  Herman E. Daly

  Order, Years, People

  9 Copy quote

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

  Herman E. Daly

  Development, World, Problem

  8 Copy quote

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

  Herman E. Daly

  Reality, Growth, Hammers

  7 Copy quote

• Reproduction is more pleasurable than death.

  Herman E. Daly

  Reproduction

  8 Copy quote

• 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.

  Herman E. Daly

  Mother, Scarcity, Earth

  Herman E. Daly (1991). “Steady-State Economics: Second Edition With New Essays”, p.43, Island Press

  12 Copy quote

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