Herman Daly, the author of many books including the foremost textbook on ecological economics, died on Friday, October 28th, 2022. Grounding economics within the boundaries of physical limits, he gained fame and followers worldwide. Dr. Daly was Professor Emeritus at the University of Maryland, School of Public Affairs. From 1988 to 1994 he was senior economist in the environment department of the World Bank.

In celebration of Herman's life, take a moment to read chapter 2, The Concept of a Steady-State Economy, from his influential work, Steady-State Economics.