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For some time now, ecological economists have been putting forward a ‘threshold hypothesis’ – the notion that when macroeconomic systems expand beyond a certain size, the additional cost of growth exceeds the flow of additional benefits. In order to support their belief, ecological...
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Measuring sustainable well-being is an important task in determining whether people's lives are improving or becoming worse over time. A new index, the Genuine Progress Indicator (GPI), has been developed in order to measure sustainable well-being. The GPI is comprised of a large number of...
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The climate change issue is a policy concern that falls within the broader issue of sustainable development. Sustainable development means different things to different people. Green economists argue that sustainable development involves the adequate provisioning for people everywhere, of other...
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The Environmental Kuznets Curve (EKC) first emerged in the 1990s as a means of describing the changing relationship between growth and environmental degradation. The EKC is based on the view that, as a nation's per capita real GDP rises over time, environmental quality initially deteriorates but...
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