Does Economic Growth Pose A Threat To Living Standard?

Source: Cobden Centre
by Dr. Frank Shostak

“According to the New York Times (NYT) article July 17, 2022 — ‘The pioneering economist says our obsession with growth must end’ — a major threat to our living standard is the obsession with economic growth. Herman Daly — an economist that has been exploring for more than 50 years the relationship between economic growth and individuals’ living standards — is of the view that the pursuit of economic growth causing ecological harm. … What we have here is a similar argument to the one presented in 1798 by Thomas Malthus in his writing ‘An Essay on the Principle of Population.'” (08/01/22)