This Discussion Paper provides a perspective on how to better reflect culture in the Living Standards Framework (LSF). It was jointly commissioned by the Treasury and Manatū Taonga Ministry for Culture and Heritage; and written by Lincoln University economists Professor Caroline Saunders and...

Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty....