Herman Daly

Organizations: Herman Edward Daly (July 21, 1938 – October 28, 2022) was an American ecological and Georgist economist[1] and professor at the School of Public Policy of University of Maryland, College Park in the United States, best known for his time as a senior economist at the World Bank from 1988 to 1994.

[citation needed] In 1989 Daly and John B. Cobb developed the Index of Sustainable Economic Welfare (ISEW), which they proposed as a more valid measure of socio-economic progress than gross domestic product.

Daly is a recipient of an Honorary Right Livelihood Award,[5] the Heineken Prize for Environmental Science from the Royal Netherlands Academy of Arts and Sciences, the 1992 University of Louisville Grawemeyer Award for Ideas Improving World Order,[6] the Sophie Prize (Norway), the Leontief Prize from the Global Development and Environment Institute, and was chosen as Man of the Year 2008 by Adbusters magazine.

[3] Daly was the editor of a long-lived and influential anthology, originally published in 1973 as Toward a Steady-State Economy, and twice revised (under different titles; see bibliography), in 1980 and 1993.

Writers and topics in the original 1973 edition included:[9] Daly died on October 28, 2022, at the age of 84.