While the invisible hand looks after the private sector, the invisible foot kicks the public sector to pieces.
Herman E. DalyGrowth chestnuts have to be placed on the unyielding anvil of biophysical realities and then crushed with the hammer of moral argument.
Herman E. DalyThe problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.
Herman E. DalyThe individualism of current economic theory is manifest in the purely self-interested behaviour it generally assumes. It has no real place for fairness, malevolence, and benevolence, nor for the preservation of human life or any other moral concern.
Herman E. Daly