Economic Growth instead of GDP Growth

It may sound like a paradox but it is possible to grow the economy without raising GDP, if we widen the definition of the economy to take account of human wellbeing and nature, says IASS Affiliate Scholar Christian Felber, the founder of the Economy for the Common Good.

Reporting and Accounting: Regulatory Bedfellows?

The neoclassical approach that currently prevails in economics does not factor in the damages caused to health and the lives of people, animals, plants and ecosystems in capitalist economies. Instead, they are regarded as unforeseen side effects and treated as “externalities”.