The Brief Sad Story of GDP—and the Happy Alternative
March 5, 2018
Richard Heinberg has long advocated that the growth economy isn’t realistic or sustainable and that we need a saner, more comprehensive approach to measuring economic success than the GDP. In this episode of Local Bites, the podcast of Local Futures and the Economics of Happiness, Richard discusses why GDP growth became a measure of success, why it’s officially a failure, the reasons growth can’t continue indefinitely, and why we need a metric that reflects human and ecological wellbeing. Originally presented at the Economics of Happiness Conference in Port Townsend, Washington, this talk includes supplementary commentary from the podcast host, Sean Keller.
Richard will also be leading a Think Resilience Guided Course beginning March 14. Visit our Resilience Education site for more information and to register.