“Growth is a mantra that cities, as well as nations and states, everywhere quest after. A growing number of economists caution that growth for growth’s sake does not necessarily equate to higher living standards or increased happiness. A blue-ribbon international commission headed by Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen has called for new, broader measures of economic performance and social progress. Plus, not all “growth” is the same. I’ve previously called attention to “growth without growth,” the misguided notion that adding population equals economic growth. ”
AN : we need to measure ourselves, our Cities and Countries with scales and aspects that do not only focus on fiscal and numerical aspects. Education opportunites, arts, cultural and recreational amenities, nature and sport venues etc are extremely meaningful. Why are they most often overlooked ? Probably because the trained individuals are trained in the thoughts and tools of economic measures. The article provokes us to more such aspects.