A Hero for Our Time.

There are other alternatives to conventional economics available, including the fields of ecological economics and my favorite, biophysical economics (e.g. Hall and Klitgaard [2]). Herman Daly is most widely known for an antidote to that, the concept of steady-state economics, an approach to economics that does not rely on growth to be successful. Although it is often cloaked in seemingly sophisticated and complex, impenetrable mathematics, Daly, Victor, and I find that conventional economics does not pass muster with real natural scientists. [Extracted from the article]