Diane Coyle, 22 April 2011

Diane Coyle talks to Viv Davies about her new book 'The Economics of Enough: How to Run the Economy as if the Future Matters'. The book addresses the need to create a sustainable economy - how to consider tomorrow's needs as well as today's. It covers a broad range of issues, from the banking crisis to climate change, and sets out some of the initial, practical steps that will be needed to build a future economy that is based on a true sense of value. The interview was recorded in London in April 2011. [Also read the transcript.]

Christoph Schmidt, Sonja C Kassenboehmer, 31 January 2011

In Sarkozy's controversial 2009 Commission on the Measurement of Economic Performance and Social Progress, Stiglitz and Sen argued that standard indicators of material well-being no longer suffice as measures of welfare. They conclude that other measures such as health, security, happiness, and environmental impact should figure more importantly in economics. The authors of CEPR DP8225 reply that these measures add little value to the economist's toolbox.


CEPR Policy Research