Includes bibliographical references and index.

Part I. The steady-state economy. 1. An overview of the issues --- 2. The concept of a steady-state economy --- 3. Institutions for a steady-state economy --- 4. Efficiency in the steady-state economy ---- Part II. The growth debate. 5. A Catechism of growth fallacies --- 6. Energy and the growth debate --- 7. Developing economies and the steady-state --- 8. On biophysical equilibrium and moral growth ---- Part III. Further essays in the economics of sustainability. 9. The steady-state economy: alternative to Growthmania --- 10. The circular flow of exchange value and the linear throughout of matter-energy: a case of misplaced concreteness --- 11. Alternative strategies for integrating economics and ecology --- 12. The economic growth debate: what some economists have learned, but many have not --- 13. Sustainable development: from concept and theory toward operational principles ---- Part IV. The debate continues: reviews and critiques by Herman E. Daly. 14. Review of The Ultimate Resource --- 15. Review of Population Growth and Economic Development: Policy Questions --- 16. Thermodynamics and economic concepts as related to resource-use policies: comment --- 17. A.N. Whitehead's Fallacy of Misplaced Concreteness: Examples from Economics. When Herman Daley's Steady-State Economics was first published in 1977, he caused a sensation with this then-radical view that "enough is best." Today, his ideas are recognized as the key to sustainable development, and Steady-State Economics is universally acknowledged as the leading book on the economics of sustainability. The book is a controversial treatise on the economics of global sustainability, which explains how to integrate ecological and economic concerns. The text has been revised and updated since the first edition was published in 1977, in order to include new essays and to take account of recent developments.