For the Common Good Redirecting the Economy Toward Community, the Environment, and a Sustainable Future

Daly (economist, the World Bank) and Cobb (philosophy, Claremont Graduate School) expose the outmoded abstractions of mainstream economic theory. They conclude, in particular, that economic growth--the prevailing yardstick for measuring economic success--is no longer an appropriate goal as energy consumption, overpopulation, and pollution increase. Instead, they propose a new measure for the economy--the Index of Sustainable Economic Welfare. Annotation copyrighted by Book News, Inc., Portland, OR