1. Is Growth Good?
Gary Flomenhoft
VT Law School
June 11, 2004

2. Human Welfare Index and GDP

3. UN Human Development Index and GDP

4. Life Satisfaction and Happiness vs. GDP

7. Put amount needed to be happy here.

8. GPI Factors I. Crime & Family Breakdown
(legal fees, medical expenses, damage to property, crime and divorce.)
II. Household & Volunteer Work
III. Income Distribution
IV. Resource Depletion
(Wetlands, farmland, and nonrenewable minerals (including oil) )
V. Pollution
VI. Long-Term Environmental Damage
VII. Changes in Leisure Time
VIII. Defensive Expenditures
(Medical and repair bills from automobile accidents, commuting costs, and household expenditures on pollution control devices such as water filters.)
IX. Lifespan of Consumer Durables & Public Infrastructure
X. Dependence on Foreign Assets

9. GPI by Column

10. “When to Stop” Rule

11. Total Utility and Marginal Utility of Growth

17. Full World or Empty World?
Source:
Ecological Economics Principles & Applications,
Farley and Daly

18. ESA Listings and GDP 1973 1980 1990 2001 R2 = 98.4 $10 $9 $8 $7 $6 $5$4 $3
R2 = 98.4
Source: The Wildlife Society Technical Review

19. If World consumption = US: Need 4 more planets
Source:
Center for
A New
American
Dream

20. Grow out of poverty?

21. Real Wages and productivity 1948-2002

23. social security, health systems, co-operate, plan, take care of, help
Fundamental
Human Needs
Being
(qualities)
Having
(things)
Doing
(actions)
Interacting
(settings)
Subsistence
physical and
mental health
food, shelter
work
feed, clothe,
rest, work
living environment,
social setting
Protection
care,
adaptability
autonomy
social security,
health systems,
co-operate,
plan, take care
of, help
social environment,
dwelling
Affection
respect, sense
of humour,
generosity,
sensuality
friendships,
family,
relationships
with nature
share, take care of,
make love, express
emotions
privacy,
intimate spaces
of togetherness
Understanding
critical
capacity,
curiosity, intuition
literature,
teachers, policies
educational
analyse, study,meditate
investigate,
schools, families
universities,
communities,
Participation
receptiveness,
dedication,
sense of humour
responsibilities,
duties, work,
rights
cooperate,
dissent, express
opinions
associations,
parties, churches,
neighbourhoods
Leisure
imagination,
tranquillity
spontaneity
games, parties,
peace of mind
day-dream,
remember,
relax, have fun
landscapes,
intimate spaces,
places to be alone
Creation
boldness,
inventiveness,
curiosity
abilities, skills,
work,
techniques
invent, build,
design, work,
compose,
interpret
spaces for
expression,
workshops,
audiences
Identity
sense of
belonging, self-
esteem,
consistency
language,
religions, work,
customs,
values, norms
get to know
oneself, grow,
commit oneself
places one
belongs to,
everyday
settings
Freedom
autonomy,
passion, self-esteem,
open-mindedness
equal rights
dissent, choose,
run risks, develop
awareness
anywhere