Is Economic Growth Bad?

When listening to economists talk it’s usually assumed that economic growth is good and they tell us what we need to do to increase economic growth. But is this because they’re looking only at the economy and not the bigger picture that includes the environment? Does increased growth result in increased depletion of natural resources? Doesn’t zero growth just mean that everyone is getting paid, and shouldn’t we be aiming for zero growth? Is a positive growth rate ultimately unsustainable?

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  • James Hewes
    published this page in Ask Prof. Wolff 2016-11-03 17:32:13 -0400