Herman Daly
- Born:
- April 21, 1938, Houston, Texas, USA
- Died:
- October 28, 2022, Hyattsville, Maryland, USA
- Nationality:
- American
- Profession(s):
- Economist, Professor
- Field of Expertise:
- Ecological Economics, Steady-State Economics
Early Life and Education
- Received a Bachelor of Arts degree from Rice University in 1959.
- Earned a PhD in Economics from Vanderbilt University in 1967.
- Spent two years as a Ford Foundation Fellow in Brazil.
Career and Major Achievements
- Professor of Economics at Louisiana State University from 1967 to 1988.
- Senior Economist in the Environment Department of the World Bank from 1988 to 1994.
- Professor at the University of Maryland's School of Public Affairs from 1994 until his retirement in 2010.
- Pioneered the field of ecological economics and challenged conventional growth-oriented economic models.
- Developed the concept of a "steady-state economy" as an alternative to continuous economic growth.
- Received the Right Livelihood Award (Alternative Nobel Prize) in 1996.
- Co-founded the International Society for Ecological Economics.
Notable Works
- Toward a Steady-State Economy (1973)
- Steady-State Economics (1977, 1991)
- Valuing the Earth: Economics, Ecology, Ethics (1993)
- Beyond Growth: The Economics of Sustainable Development (1996)
- Ecological Economics and Sustainable Development (co-authored with Joshua Farley, 2004, 2019)
Legacy and Impact
Herman Daly was a leading figure in the development of ecological economics. His work fundamentally questioned the compatibility of continuous economic growth with finite ecological resources and the carrying capacity of the planet. This 'ecological economics herman daly biography' highlights his significant contributions to promoting sustainable development and challenging conventional economic paradigms. His concepts and insights continue to influence policymakers, academics, and activists working towards a more sustainable future.