Customer Reviews

Steady-State Economics: Second Edition With New Essays

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A brilliant mind can illuminate those of us that are less fortunate. This book is provides insight into what I believe to be the perfect relationship of what activity should be measured to determine the ultimate health of an economic system. Dr Daly has provided a perspective that is so simple in concept, yet almost unimaginable to see as a foundation for the future of societal systems. We live in a finite world with few renewable resouces... Thank you Dr Daly for a thought provoking adventure!
Doug Jehle

I borrowed a copy of this book from the library and have read about half of it. I've now decided that it is something I wanted on my shelf, as I am writing papers about the need to restrain our population in a finite world. This book has important insights from an author who is well qualified to write about economic matters, as he was once an economist with the World Bank. It is a must read for economists, most of whom are decidedly on the wrong "growthmania" track. For the layman it, like Daly's later book, Beyond Growth, has a lot of economists' jargon. The reader has to develop a familiarity with terms like services, stock, throughput, at the margin, and artifacts in order to appreciate what he is saying. When used by economists these terms have meanings unfamiliar to the typical layman. This seems to be a problem largely in earlier chapters, however. Once you get past the fourth chapter (up to page 95 out of 287) the going gets easier.

This book is a must read for everyone, or more particularly those interested in what we must do to ensure human life on earth is sustainable.