i see a big danger in materialism. If you're a philosophical materialist, you're pretty sure to be determinist also. I think using ecological economic framework gives us an ability to see what's likely not to happen but it doesn't tell us what's going to happen. i'm very glad that you're devoting your youthful energy to these things. And and i hope you keep it up, because it's hardly needed. Thank so much, herman, for everything that you've done and everything you've done to influence my life. May god bless you.
On 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.
About Herman Daly
Herman Daly is Professor Emeritus of economics at the University of Maryland School of Public Policy, former senior economist at the World Bank, and a founder of the field of ecological economics. He is the author of For The Common Good, Valuing the Earth, the textbook Ecological Economics, and many other books, essays, and academic papers
For Show Notes and Transcript visit: https://www.thegreatsimplification.com/episode/06-herman-daly