John vaz kym brown sustainable development and cryptocurrencies as private money journal of industrial and business economics 101007 s40812 019 00139 5 2019 crossref nancy mccarthy leslie lipper david zilberman economics of climate smart agriculture an overview climate smart agriculture 101007 978 3 319 61194 5 3 31 47 2018 crossref leslie lipper david zilberman a . Within the field of environmental economics it is now widely recognised that the goal of sustainable development is principally an equity rather than an efficiency issue howarth and norgaard 1993. In recent years herman daly has become a prominent advocate for a change in economic thinking in response to environmental crises in this text daly argues that the idea of sustainable development which has become a catchword of environmentalism and international finance is being used in ways that are not only vacuous but wrong and dangerous. Sustainable development may be defined as the development to meet the needs of the present generation without compromising the needs of the future generations it is a process whereby the development can be sustained for generation it affords the future generation the same if not more capacity to prosper as the present generation economic development is not a blessing for the human beings