Herman Daly: “Toward an Ecological Economics” | The Great Simplification #06
February 2, 2022
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1:06:57Now PlayingHerman Daly: “Toward an Ecological Economics” | The Great Simplification #06
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as posted by the channelOn this episode, we meet with ecological economist and professor emeritus at the University of Maryland, Herman Daly.
Daly discusses the biophysical underpinnings of human economies, and how a social system that is more tethered to our ecological reality might come into being.
Daly explains how the transformation from classical economics to neoclassical economics created an understanding of the world that prioritized utility and money above all else. How did neoclassical economics contribute to our current predicament?
Further, Daly explores what he believes to be the best-case scenario humans face in the next decade.
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