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429. Is Economic Growth the Wrong Goal?

Freakonomics Radio

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Rethinking Economic Growth and Well-Being

This chapter examines the impact of economic thinking on public policy, questioning the emphasis on GDP as a measure of national success. It advocates for the concept of degrowth, emphasizing the importance of alternative metrics like the Human Development Index and planetary health. Through case studies like Costa Rica, the discussion underscores the need for sustainable practices that prioritize human well-being over relentless economic expansion.

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