Saturday, 30 March 2013

Creativity and growth

Refreshing to hear Tony Greenham of the New Economic Foundation in this discussion on BBC Radio 4s Today programme this morning separaing out GDP growth from the growth we actually want. I wish he'd had more time. Mariana Mazzucato had the lion's share, it seemed to me, but spoke about standard economic stuff without challenging the assumption that increase in GDP is unequivocally good.

Tony pointed out that crime and the destruction of rainforests contribute to GDP, he opined. I would disagree with him that growth in jobs is desirable. It's interesting that he should have that in his list alongside sustainability and equality.

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