The New Economics: A Bigger Picture
Economics sometimes seems to be stacked against social, environmental and individual well-being. But it doesn’t have to be like this. A new approach to economics – deriving as much from Ruskin and Schumacher as from Keynes or Smith – has begun to emerge. Skeptical about money as a measure of success, this new economics turns our assumptions about wealth and poverty upside down. It shows us that real wealth can be measured by increased well-being and environmental sustainability rather than just having and consuming more things.