The Environmental Economist Herman Daly (2000) Argues That

The environmental economist Herman Daly (2000) argues that:

A) the macroeconomy is not the relevant whole, but is itself a part of the ecosystem.
B) the economy should be analyzed in isolation so models are not muddled with too many extraneous influences.
C) the environment has little bearing on economic activity in the short run, so it can be ignored in economic analysis.
D) the economic system may be influenced by the natural environment, but it does not influence events in the natural environment.