Download or read book For the Common Good written by Herman E. Daly and published by Beacon Press (MA). This book was released on 1989 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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