This paper reports long-run tests of how comprehensive investment (CI) predicts future well-being in the USA. Theory … inclusion of natural and human capital, CI can predict changes in future well-being reasonably well over 20 years into the …

savings) predicts future well-being. The theory of weak sustainability suggests that a country with a positive level of … several net investment measures which are used to predict two alternative measures of future well-being: future consumption … show that GS-type measures can predict changes in future well-being reasonably well over 50 or 100 years into the future. …

or adjusted net savings) as a forward-looking indicator of future well-being. We assemble data for British capital back … over the very long-run. On the whole, our results do not reject the postulated relationship between GS and future well-being …, and show GS can be a forward looking indicator of future well-being for periods of up to 100 years. …