Resilient and Inclusive Prosperity within Planetary Boundaries

Date: 08 October 2014

The current model of economic growth generated unprecedented increases in human wealth and prosperity during the 19th and 20th centuries. The main mechanisms have been the rapid pace of technological and social innovation, human capital accumulation, and the conversion of resources and natural capital into more valuable forms of produced capital. However, there is evidence emerging that this model may be approaching environmental limits and planetary boundaries, and that the conversion of natural capital needs to slow down rapidly and then be reversed. Some commentators have asserted that in order for this to occur, we will need to stop growing altogether and, instead, seek prosperity without growth. Others argue that ...

Eric Beinhocker J. Doyne Farmer Cameron Hepburn Alexander Teytelboym

Economics of Sustainability

Economics of Sustainability

Resilient and Inclusive Prosperity within Planetary Boundaries


Type: paper

Hepburn, C., Beinhocker, E., Farmer, J.D. & Teytelboym, A. (2014). 'Resilient and Inclusive Prosperity Within Planetary Boundaries'. China and the World Economy, 22(5), pp.76-92.


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