economics

To Improve Wellbeing We Must Abandon Failed Economic Ideas

Do you recall this lot? You might be able to add Andy Burnham to that list very soon, and nothing about what I say here will change. They all made big claims for themselves. They were: And yet, in one vital respect, they have all been very much the same. Each arrived in Downing StreetContinue reading “To Improve Wellbeing We Must Abandon Failed Economic Ideas”

Economic growth and the search for abundance

Creating a world of plenty demands more radical ideas By Tim Smedley June 26, 2025 Illustration by Prospect. Source: S.E.A. Photo / Alamy A moment halfway through Ezra Klein’s and Derek Thompson’s recent book Abundance reveals something of their approach to building a net zero world. In 2023 a gasoline lorry exploded, causing Philadelphia’s I-95 bridge to collapse;Continue reading “Economic growth and the search for abundance”

The Case for Growth Agnosticism

A useful guide to anyone interested in the current debate by the new labour government on economic growth-A commentary by Michael Albert of the University of Edinburgh Can the needs of the planet be reconciled with the need for economic growth within our capitalist economy? This is one of the biggest questions that divides sustainabilityContinue reading “The Case for Growth Agnosticism”