The Problems of Economic Growth – Prof Nigel Curry
Free public lecture, Mint Lane Involve Centre, 7pm
Development polices throughout the world have economic growth as their cornerstone. Many benefits are claimed for such growth, but it can be shown that growth is neither a necessary nor sufficient condition for the achievement of these benefits. Economic growth, rather, can be seen to increase inequalities in both income and wealth, reduce collective marginal utilities (which some economists now call ‘happiness’) and have devastating consequences for the environment. Much of this preoccupation with growth can be seen to serve the ends of political power rather than human welfare.