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Steady-State Economics
Abstract
Beginning with the Classical Economists’ concept of a stationary state we follow its theoretical development to modern steady-state economics with suggested policies to limit throughput, population, and distributive inequality in order to fit the physical economy within the confines of the laws of thermodynamics and of our interdependent and finite biosphere. Consequent changes in the production function, GDP accounting, and the concept of efficiency are considered. A brief comparison of Steady-State Economics with the more recent Degrowth, and Circular Economy movements ends the discussion.
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Citations
Cited by
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Agrawal, A. (1995) · Development and Change · doi:10.1111/j.1467-7660.1995.tb00560.x · Cited by 2,189
Environment, economy and society: fitting them together into sustainable development
Giddings, B., Hopwood, B., & O'Brien, G. (2002) · Sustainable Development · doi:10.1002/sd.199 · Cited by 1,487
Rees, W., & Wackernagel, M. (1996) · Environmental Impact Assessment Review · doi:10.1016/s0195-9255(96)00022-4 · Cited by 916
Dobson, A. (1998) · doi:10.1093/0198294956.001.0001 · Cited by 578
Metadata
- Authors
- Daly, H. E.
- Venue
- Princeton University Press eBooks
- Publisher
- Princeton University Press
- Published
- 2012-09-26
- Pages
- 491-495
- OpenAlex
- W4387873658
- Cited by
- 851
- References
- 0
- FWCI
- 58.75
- Type
- book
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Steady-State Economics. https://app.cochat.ai/papers/10.2307/jj.40831414
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- Daly, H. E. (2012). Steady-State Economics. Princeton University Press eBooks. https://doi.org/10.2307/jj.40831414
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.