Oulton, Nicholas - London School of Economics (LSE) - 2012
Should raising the growth rate of GDP per capita be a policy goal of governments in general, and of the British … welfare; 2) Growing GDP is pointless since most people don’t benefit; 3) Raising GDP per capita is pointless as it doesn …'t make people any happier; and 4) The planet is finite, so further growth of GDP (at least in rich countries) is not feasible …