He was a co-founder and associate editor of the journal, Ecological Economics. He is closely associated with theories of a steady-state economy. While there, he was engaged in environmental operations work in Latin America. Before joining the World Bank, Daly was a research associate at Yale University, and Alumni Professor of Economics at Louisiana State University.ĭaly was Senior Economist in the Environment Department of the World Bank, where he helped to develop policy guidelines related to sustainable development. In 1996, he was awarded the Right Livelihood Award for "defining a path of ecological economics that integrates the key elements of ethics, quality of life, environment and community."ĭaly was born in Houston, Texas in 1938. Herman Edward Daly (J– October 28, 2022) was an American ecological and Georgist economist 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.
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