Overnight, years of pursuing economic growth measured by GDP at the expense of non monetary values such as: social conditions, the cost to the environment and other living measures have been jettisoned after the coronavirus hit the UK. Behaviour has changed for the collective good. There is shame in selfish behaviour and greed such as … Continue reading Coronavirus – valuing Living Standards more than traditional Economics
Tag: GDP
Time for Australia to Change Economic Strategy
Climate Change has hit Australia directly through the fires, now its time for Australia to move to a sustainable low emission economy that is not reliant on fossil fuels. The focus of the change should be reflected from moving away from GDP to a more sustainable measurement such as Living Standards or GPI
