Valuing the earth: Economics, ecology, ethics: Herman E. Daly and Kenneth N. Townsend. Cambridge, MA: The MIT Press, 1992. $18.95 ISBN 0-262-54068-1

Abstract

Introduction to Essays toward a Steady-State Economy, Herman E. Daly. Part 1 Ecology - ultimate means and biophysical constraints: introduction, Herman E. Daly and Kenneth N. Townsend why isn't everyone as scared as we are?, Paul R. Ehrlich and Anne H. Ehrlich availability, entropy, and the laws of thermodynamics, Paul R. Ehrlich, et al the entropy law and the economic problem, Nicholas Georgescu-Roegen exponential growth as a transient phenomenon in human history, M. King Hubbert the tragedy of the Garrett Hardin second thoughts on The Tragedy of the Commons, Garrett Hardin. Part 2 Ethics - the ultimate end and value constraints: introduction, Herman E. Daly and Kenneth N. Townsend the age of plenty - a christian view. E.F. Schumacher Buddhist economics, E.F. Schumacher the purpose of wealth - a historical perspective, Gerald Alonzo Smith ecology, ethics, and theology, John Cobb the abolition of man, C.S. Lewis. Part 3 Economics - interaction of ends and means: introduction, Herman E. Daly and Kenneth N. Townsend on economics as a life science, Herman E. Daly sustainable growth - an impossibility theorem, Herman E. Daly steady-state economies and the command economy, Kenneth N. Townsend the economics of the coming spaceshihp earth, Kenneth E. Boulding spaceship earth revisited, Kenneth E. Boulding using economic incentives to maintain our environment, T.H. Tietenberg the steady-state economy - toward a political economy of biophysical equilibrium and moral growth, Herman E. Daly postscript - some common misunderstandings and further issues concering a steady-state economy, Herman E. Daly.