Rethinking Economic Growth and Inequality

This chapter examines the complex relationship between economic growth, environmental sustainability, and social mobility through the lens of a distinguished economist's teachings. It critiques traditional metrics of economic performance, like GDP, while exploring the implications of a stationary economy and the growing economic inequalities in the United States. The discussion highlights the need for improved accounting systems and a reconsideration of growth as a fundamental objective, emphasizing the moral stakes of wealth disparity.