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Economic Growth - can we ever have enough?
Analysis
The Inevitability of Decelerating Economic Growth
Despite fluctuations, average worldwide GDP growth has been decreasing every decade since the 1950s due to the law of diminishing returns. High growth benefits are subject to this law, and politicians promising prosperity should be wary. However, Danny Dawling of Oxford University feels the UK has sufficient resources, but suffers from poor distribution leading to income inequality and poverty.
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