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His second book, In Praise of Hard Industries: Why Manufacturing, Not the Information Economy, Is the Key to Future Prosperity, published in 1999, took a contrarian stance on the New Economy.
He has written and lectured widely on technology and the new economy, including the Stockton Lecture at London Business School in 1998, one of the Millennium Lectures at 10 Downing Street in 1999, and the Tacitus Lecture, 2000 at the Guildhall.
The New Economy of Nature: The Quest to Make Conservation Profitable was co-written by Daily and Katherine Ellison and was published on September 1, 2003 by Island Press. The book presents different cases studies where companies or governments were able to actually profit from their conservation efforts.
As the fortunes of a number of very young people grew literally overnight, the public and the media began to scrutinize these new economy wunderkinds.