Economic growth may be harming welfare more than benefiting it
The Index of Sustainable Economic Welfare measures the costs and benefits of a growing economy, showing when the costs outweigh the benefits. This suggests that continued economic growth may not be beneficial. Different studies look at welfare in different ways, some focusing on current welfare levels while others consider future costs and benefits. However, there is a lack of consistency in how these perspectives are applied, making it difficult to compare results across studies.