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"Named one of a hundred 'visionaries who could change your life' by the Utne Reader, Herman Daly has probably been the most prominent advocate of the need for a change in economic thinking in response to environmental crisis. An iconoclast economist who has worked as a renegade insider at the World Bank in recent years, Daly has argued for overturning some basic economic assumptions. He has won a wide and growing reputation among a wide array of environmentalists, inside and outside the academy.
In a book that will generate controversy, Daly turns his attention to the major environmental debate surrounding "sustainable development." Daly argues that the idea of sustainable development--which has become a catchword of environmentalism and international finance--is being used in ways that are vacuous, certainly wrong, and probably dangerous. The necessary solutions turn out to be much more radical than people suppose.
This is a crucial updating of a major economist's work, and mandatory reading for people engaged in the debates about the environment."