title: Beyond Growth: The Economics of Sustainable Development
author:  Herman E. Daly 
description: Herman Daly is professor at the University of Maryland School of Public Affairs.
zlib_text: MuseLetter 311 / April 2018
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  richardheinberg.com
  MuseLetter #311 / April 2018 by Richard Heinberg 
  The End of Growth, Seven Years Later
  I wrote The End of Growth in the months following the Global
  Financial Crisis of 2007-2008 (the book was published in North
  America in 2011), with the goal of helping to put that crisis in proper
  perspective. I argued that persistent economic growth is not “normal”
  in either an ecological or a historical frame of reference, and that a
  major threat to the continuation of growth (such as was posed by the
  2008 crisis) is best interpreted as a signal that the global economy is
  approaching inevitable growth limits as the larger ecological systems
  of which it is a part become depleted, degraded, and destabilized.
  This is not an entirely new way of thinking about the economy.
  Starting in the 1960s, Nicholas Georgescu-Roegen, Kenneth Boulding,
  and Herman Daly laid the foundations for an economics that correctly
  situates human society within the context of Ear