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. 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 GPI Factors

9. GPI by Column

10. “When to Stop” Rule

11. Total Utility and Marginal Utility of Growth Total utility Marginal utility

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

18. ESA Listings and GDP 1973 1980 1990 2001 $10 $9 $8 $7 $6 $5 $4 $3 R 2 = 98.4 Source: The Wildlife Society Technical Review 2003-1.

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

20. Grow out of poverty?

21. Real Wages and productivity 1948-2002

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