Edited by Joshua Farley, Professor, Community Development and Applied Economics, Gund Institute for Environment, University of Vermont, US and Deepak Malghan, Assistant Professor, Indian Institute of Management Bangalore, India

• Contents: In Memoriam for Robert GoodlandPART I INTRODUCTION1. The Foundations for an Ecological Economy: An OverviewJoshua Farley 2. The World in Over-shoot: A Celebration of Herman Daly’s Contributions to Ecological Economics – The Science of SustainabilityRobert Goodland3. Toward a Sustainable and Desirable Future: A 35 Year Collaboration with Herman DalyRobert CostanzaPART II CHANGING THE PARADIGM:WHAT IS BIOPHYSICALLY POSSIBLE, AND HOW DO HUMANS BEHAVE?4. Population, Resources, and Energy in the Global Economy: A Vindication of Herman Daly’s Vision Jonathan M. Harris 5. On LimitsArild Vatn6. Toward a Science-based Theory of Behavior: Building on Georgescu-Roegen John Gowdy7. Denying Herman Daly: Why Conventional Economics will not Embrace the Daly Vision William E. ReesPART III CHANGING THE GOALS: WHAT IS SOCIALLY, PSYCHOLOGICALLY AND ETHICALLY DESIRABLE?8. The Importance of Just Distribution in a ‘Full’ World Philip Lawn9. Hicksian Income, Welfare, and the Steady State Salah El SerafyPART IV CHANGING THE RULES: INSTITUTIONS FOR A SUSTAINABLE AND DESIRABLE FUTURE10. Ecological and Georgist Economic Principles: A ComparisonClifford Cobb11. Making Money John B. Cobb, Jr.PART V THE STEADY-STATE ECONOMY12. The Steady-state EconomyPeter A. Victor13. Socially Sustainable Economic Degrowth Joan Martinez Alier14. Politics for a Steady State Economy Brain CzechPART VI CONCLUSIONS15. The Unfinished Journey of Ecological Economics: Toward an Ethic of Ecological Citizenship Peter G. BrownIndex

‘Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.’

Edited by Joshua Farley, Professor, Community Development and Applied Economics, Gund Institute for Environment, University of Vermont, US and Deepak Malghan, Assistant Professor, Indian Institute of Management Bangalore, India

• Contents: In Memoriam for Robert GoodlandPART I INTRODUCTION1. The Foundations for an Ecological Economy: An OverviewJoshua Farley 2. The World in Over-shoot: A Celebration of Herman Daly’s Contributions to Ecological Economics – The Science of SustainabilityRobert Goodland3. Toward a Sustainable and Desirable Future: A 35 Year Collaboration with Herman DalyRobert CostanzaPART II CHANGING THE PARADIGM:WHAT IS BIOPHYSICALLY POSSIBLE, AND HOW DO HUMANS BEHAVE?4. Population, Resources, and Energy in the Global Economy: A Vindication of Herman Daly’s Vision Jonathan M. Harris 5. On LimitsArild Vatn6. Toward a Science-based Theory of Behavior: Building on Georgescu-Roegen John Gowdy7. Denying Herman Daly: Why Conventional Economics will not Embrace the Daly Vision William E. ReesPART III CHANGING THE GOALS: WHAT IS SOCIALLY, PSYCHOLOGICALLY AND ETHICALLY DESIRABLE?8. The Importance of Just Distribution in a ‘Full’ World Philip Lawn9. Hicksian Income, Welfare, and the Steady State Salah El SerafyPART IV CHANGING THE RULES: INSTITUTIONS FOR A SUSTAINABLE AND DESIRABLE FUTURE10. Ecological and Georgist Economic Principles: A ComparisonClifford Cobb11. Making Money John B. Cobb, Jr.PART V THE STEADY-STATE ECONOMY12. The Steady-state EconomyPeter A. Victor13. Socially Sustainable Economic Degrowth Joan Martinez Alier14. Politics for a Steady State Economy Brain CzechPART VI CONCLUSIONS15. The Unfinished Journey of Ecological Economics: Toward an Ethic of Ecological Citizenship Peter G. BrownIndex

‘Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.’

Edited by Joshua Farley, Professor, Community Development and Applied Economics, Gund Institute for Environment, University of Vermont, US and Deepak Malghan, Assistant Professor, Indian Institute of Management Bangalore, India

• Contents: In Memoriam for Robert GoodlandPART I INTRODUCTION1. The Foundations for an Ecological Economy: An OverviewJoshua Farley 2. The World in Over-shoot: A Celebration of Herman Daly’s Contributions to Ecological Economics – The Science of SustainabilityRobert Goodland3. Toward a Sustainable and Desirable Future: A 35 Year Collaboration with Herman DalyRobert CostanzaPART II CHANGING THE PARADIGM:WHAT IS BIOPHYSICALLY POSSIBLE, AND HOW DO HUMANS BEHAVE?4. Population, Resources, and Energy in the Global Economy: A Vindication of Herman Daly’s Vision Jonathan M. Harris 5. On LimitsArild Vatn6. Toward a Science-based Theory of Behavior: Building on Georgescu-Roegen John Gowdy7. Denying Herman Daly: Why Conventional Economics will not Embrace the Daly Vision William E. ReesPART III CHANGING THE GOALS: WHAT IS SOCIALLY, PSYCHOLOGICALLY AND ETHICALLY DESIRABLE?8. The Importance of Just Distribution in a ‘Full’ World Philip Lawn9. Hicksian Income, Welfare, and the Steady State Salah El SerafyPART IV CHANGING THE RULES: INSTITUTIONS FOR A SUSTAINABLE AND DESIRABLE FUTURE10. Ecological and Georgist Economic Principles: A ComparisonClifford Cobb11. Making Money John B. Cobb, Jr.PART V THE STEADY-STATE ECONOMY12. The Steady-state EconomyPeter A. Victor13. Socially Sustainable Economic Degrowth Joan Martinez Alier14. Politics for a Steady State Economy Brain CzechPART VI CONCLUSIONS15. The Unfinished Journey of Ecological Economics: Toward an Ethic of Ecological Citizenship Peter G. BrownIndex

‘Daly's contributions to the still emergent field of ecological economics are constant references for our peers throughout the developing world as well as in the North. His courageous tilting at the windmills of mainstream economic nonsense inspire us to continue questioning: in whose interests do we continue on a perpetual search for unlimited material satisfaction? Daly's conception is not only of a world restricted by biophysical limits, but also one in which poverty and deprivation are commonplace, and where Sisyphean efforts to maintain accelerated economic growth only exacerbate inequitable distribution. His vision of sustainable economic welfare shed light on other aspects of our existence which make it worth living. Thanks to Farley, Rees, El Serafy, Goodland and other fellow travelers, we are bestowed with an excellent collection synthesizing Daly's contributions to our work, which will inspire our youth and their children long after we too depart.’