ECONOMIC GROWTH

I’d say economies are healthy when they’re growing, creating lots of jobs, and there's good public / private sector cooperation. Investing in infrastructure and better access to information improves productivity and decision -making. Investing in human skills leads to new ideas, new technologies—and new markets. The benefits of growth and free trade will overcome poverty. While environmental problems can be formidable, government and corporate planners —backed by scientific and technological expertise—are up to the challenge. Growth is good!

SUSTAINABILITY

Unrestrained growth threatens Earth’s biosphere. I believe we need sustainable development: meeting present needs without compromising the future. Each generation should leave the next at least as much wealth per capita as it inherited, where wealth includes both manmade and natural capital.  Economies should be based on people and environment friendly technologies, renewable energy use, and resource recycling. Their health should be gauged by indicators of sustainability and well-being. We need to move beyond thinking “all growth is good!”