It’s time to move beyond growth for growth’s sake

There are two problems with economic growth as a measure of wellbeing. First, the correlation between economic growth and poverty reduction is weak. It’s a reminder that intuition and ‘common sense’ do not always correspond to evidence. Globally, the trends are clear. Since 1990, global gross domestic product (GDP) has increased 271 per cent, and […]

Defiant Portugal shatters the eurozone’s political complacency

Brussels faces a second anti-austerity revolt as the Portuguese Left tears up the script and demands the right to govern Read the full  post: Defiant Portugal shatters the eurozone’s political complacency   Prediction:  The boot of austerity will continue to stamp out these fires until it becomes a roaring, cross-border conflagration.   I’m writing a […]