I try to bea hopeful pessimist. I can't really foresee the future, there may be an inbreaking of of understanding that is a surprise. So i'm glad to see people continuing with ecological economics, and i continue with it for my few remaining years. Ah, but for reasons you've indicated that may not, really may not work out. Maybe we should be doing something else. It would be good to have some ideas on the shelf for rebuilding and reconstructing whatever is left after we crash in a way that it may not crash again. Even in the worst case,. even in the worst cases, an areo of gloom and gloom.
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