30 Set, 2013
The ecological economics against the crisis. The horizon? Herman Daly: «A steady state economy»
Even before the ecological economics, steady state economy has a long historical tradition, which goes back to great economists like John Stuart Mill up to the most recent studies carried out by you and other ecological economists. How would you summarize this model?
«A steady-state economy is defined by constant stocks of aggregate physical wealth (artifacts) and a constant population, each maintained at some chosen, desirable level by a low rate of throughput---i.e., by low birth rates equal to low death rates and by low physical production rates equal to low physical depreciation rates, so…
