Herman Daly

Herman Daly

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Herman Daly is an American ecological economist and professor at the School of Public Policy
University of Maryland School of Public Policy
The Maryland School of Public Policy is one of 14 schools at the University of Maryland, College Park and the only policy school in the Washington, D.C.-area affiliated with a major research university....

 of University of Maryland, College Park
University of Maryland, College Park
The University of Maryland, College Park is a top-ranked public research university located in the city of College Park in Prince George's County, Maryland, just outside Washington, D.C...

 in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...


He was Senior Economist in the Environment Department of the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

, where he helped to develop policy guidelines related to sustainable development
Sustainable development
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

. While there, he was engaged in environmental operations work in Latin America. He is closely associated with theories of a Steady state economy.

Before joining the World Bank, Daly was Alumni Professor of Economics at Louisiana State University
Louisiana State University
Louisiana State University and Agricultural and Mechanical College, most often referred to as Louisiana State University, or LSU, is a public coeducational university located in Baton Rouge, Louisiana. The University was founded in 1853 in what is now known as Pineville, Louisiana, under the name...

. He was a co-founder and associate editor of the journal, Ecological Economics.

He is also a recipient of an Honorary Right Livelihood Award
Right Livelihood Award
The Right Livelihood Award, also referred to as the "Alternative Nobel Prize", is a prestigious international award to honour those "working on practical and exemplary solutions to the most urgent challenges facing the world today". The prize was established in 1980 by Jakob von Uexkull, and is...

, the Heineken Prize
Dr A.H. Heineken Prize
The Dr. A.H. Heineken and Dr. H.P. Heineken Prizes, named in honor of Alfred Heineken, former Chairman of Heineken Holdings, and Henry Pierre Heineken, son of founder Gerard Adriaan Heineken, are a series of awards bestowed by the Royal Netherlands Academy of Arts and Sciences .-History:Alfred...

 for Environmental Science from the Royal Netherlands Academy of Arts and Sciences
Royal Netherlands Academy of Arts and Sciences
The Royal Netherlands Academy of Arts and Sciences is an organisation dedicated to the advancement of science and literature in the Netherlands...

, the Sophie Prize
Sophie Prize
The Sophie Prize is an international environment and development prize and is awarded annually. It was established in 1997 by the Norwegian author Jostein Gaarder and his wife Siri Dannevig, and it is named after Gaarder's novel Sophie's World. An award ceremony is set for June 22 in Oslo, Norway...

 (Norway), the Leontief Prize from the Global Development and Environment Institute
Global Development and Environment Institute
The Global Development And Environment Institute is a research center at Tufts University founded in 1993. GDAE works to promote a better understanding of how societies can pursue their economic and community goals in an environmentally and socially sustainable manner...

 and was chosen as Man of the Year 2008 by Adbusters
The Adbusters Media Foundation is a Canadian-based not-for-profit, anti-consumerist, pro-environment organization founded in 1989 by Kalle Lasn and Bill Schmalz in Vancouver, British Columbia...


He is widely credited with having originated the idea of uneconomic growth
Uneconomic growth
Uneconomic growth, in human development theory, welfare economics , and some forms of ecological economics, is economic growth that reflects or creates a decline in the quality of life. The concept is attributed to the economist Herman Daly, though other theorists can also be credited for the...

, though some credit this to Marilyn Waring
Marilyn Waring
Marilyn Waring, CNZM, D.Phil., D.Litt. is a New Zealand feminist, a politician, an activist for female human rights and environmental issues, an author and an academic, known for her contributions to feminist economics....

 who developed it more completely in her study of the UN System of National Accounts.


  • Toward a Steady-State Economy (editor, 1973)
  • Steady-State Economics (1977)
  • For the Common Good, (1989, with theologian John B. Cobb, Jr.). This received the Grawemeyer Award
    Grawemeyer Award
    The Grawemeyer Awards are five awards given annually by the University of Louisville in the state of Kentucky, United States. The prizes are presented to individuals in the fields of education, ideas improving world order, music composition, religion, and psychology...

     for ideas for improving World Order.
  • Valuing the Earth (1993, with Kenneth Townsend)
  • Beyond Growth (1996)
  • Ecological Economics and the Ecology of Economics (1999)
  • The Local Politics of Global Sustainability (2000, with Thomas Prugh and Robert Costanza
    Robert Costanza
    Robert Costanza is an American ecological economist is a University Professor of Sustainability at Portland State University in Oregon.- Biography :Robert Costanza was born in Pittsburgh, Pennsylvania....

  • Ecological Economics: Principles and Applications (2003, with Joshua Farley)


  • Economics in a Full World, article in Scientific American
    Scientific American
    Scientific American is a popular science magazine. It is notable for its long history of presenting science monthly to an educated but not necessarily scientific public, through its careful attention to the clarity of its text as well as the quality of its specially commissioned color graphics...

  • A Steady State Economy, Paper presented to the UK Sustainable Development Commission, April 24, 2008

External links