Remembering the renegade economist who fought for growth the Earth could sustain

fastcompany.com

14 pointsdredmorbius3 comments

> Georgescu-Roegen, a Romanian-born economist, dismissed the free market fairy tale of a pendulum swinging back and forth, effortlessly seeking a natural state of equilibrium. He argued that the economy was more like an hourglass, a one-way process converting valuable resources into useless waste.

Georgescu-Roegen is one of the GOATs of ecological or thermodynamic economics. I only learned that Daly studied under G-R within the past year or so, from a podcast interview.

There are a few interviews with Daly on the CASSE podcast "The Steady Stater". There are at least two episodes featuring him and I'm not sure which this appeared in. I think it may have been "Giving Thanks", airing in 2020:

<https://podcasts.apple.com/us/podcast/giving-thanks-a-conver...>

Otherwise possibly:

<https://podcasts.apple.com/us/podcast/what-herman-daly-reall...>

Title shortened from "Remembering the renegade economist who fought for growth the Earth could actually sustain" to fit HN length limits.

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