
NYT Magazine asks: What if economic growth is ‘incurring more costs than gains’?
Fox News
NYT Magazine published an interview with Herman Daly on Sunday in which he claimed the world is "full" and that people have depleted its resources. He called for reduced consumption.
Joe Silverstein is a production assistant for Fox News Digital.
"Without a continually rising G.D.P., we’re told, we risk social instability, declining standards of living and pretty much any hope of progress," David Marchese, the interviewer, said in his introduction.
"But what about the counterintuitive possibility that our current pursuit of growth, rabid as it is and causing such great ecological harm, might be incurring more costs than gains?" he continued, explaining that Daly has been exploring the idea that "prioritizing growth is ultimately a losing game" for decades.