Capital/natural resource substitution: the debate of Georgescu-Roegen (through Daly) with Solow/Stiglitz.
Similarly, Herman Daly (1991, p. 118) states It is true that "In 1969 a dollar's worth of GNP was produced with one-half the materials used to produce a dollar's worth of 1900 GNP, in constant dollars."
He received an honorary doctorate from the University of Bern in 2007, a 2006 World Wide Fund for Nature Award for Conservation Merit, and the 2005 Herman Daly Award of the US Society for Ecological Economics.
Herman Melville | Woody Herman | Herman's Hermits | Herman Wouk | Herman Hollerith | Edward S. Herman | Tim Daly | Herman Daly | Last Call with Carson Daly | Herman Van Rompuy | Chris Daly | Tyne Daly | Herman Dune | Herman Brood | Marcus Daly | John Daly | Herman Willem Daendels | Herman Gorter | Herman Finck | Herman Boerhaave | Herman | Daly City | Daly | Martin Daly | John Daly (golfer) | Joel Daly | Herman Wirth | Herman Rarebell | Herman Kahn | Herman Brusselmans |
He is a proponent of Humanistic economics, strongly influenced by political economy of Jean Charles Leonard de Sismondi, the social economics of John Hobson, and various (heterodox) ideas of current thinkers, especially Herman Daly on environment, John Culbertson on trade, and David Ellerman on economic democracy.
It includes interviews with 29 environmental scientists and experts including Dr. Stephen Peake, Herman Daly, Lester Brown, Gretchen Daily, Mathis Wackernagel, Norman Myers, Jill Jäger, George Monbiot, Robert Costanza, Will Steffen, and Jared Diamond.