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Maverick green economist gets lifetime achievement award
Date:1/20/2010

icy, where Daly has been a senior researcher since 1994. "We are very proud to celebrate this national recognition of the way Herman has shaped modern debate on the mega-environmental issues we face. This award is a wonderful and much-deserved recognition of his many contributions to environmental policy."

ECOLOGICAL ECONOMICS

The International Institute for Sustainable Development has described Daly as "a maverick economist on a mission to give his discipline a heart." http://www.iisd.org/didigest/special/DALY.HTM

In a 2008 article written for the UK's Sustainable Development Commission, an independent government watchdog, Daly argued that "We cannot continue growing." What is often called "economic" growth is too often "uneconomic" and a losing proposition, he wrote. Increasing "environmental and social costs faster than production benefits," makes us "poorer not richer, at least in high consumption countries." http://www.sd-commission.org.uk/publications/downloads/Herman_Daly_thinkpiece.pdf

In 1994, Daly stepped down after six years as senior economist in the World Bank's environment department a period in which he says he tried to "green the Bank's economists."

Daly's public "farewell speech" offered a prescription for a World Bank more open to sustainable development: "A few antacids and laxatives to cure the combination of managerial flatulence and organizational constipation" along with "new eyeglasses and a hearing aid." Specifically, he argued for a more realistic accounting of how proposed development projects would deplete a nation's natural resources. http://www.whirledbank.org/ourwords/daly.html

From the World Bank, Daly came to the University of Maryland's School of Public Pol
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Contact: Neil Tickner
ntickner@umd.edu
301-405-4622
University of Maryland
Source:Eurekalert

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