Friday, January 05, 2007

 

Essay on the “paradox of prosperity”

Spiked has published my essay on the myth of the “paradox of prosperity”. Growth sceptics make great play of the fact that, above a certain threshold, economic growth does not seem to make people happier. But who promised it would? Whatever people’s subjective feelings the rise of popular prosperity is immensely beneficial. And wanting even more should be welcomed rather than derided.

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