Growth is good, right? After all, we want our gardens to grow, our children to grow, we seek out personal growth.
Guest Kate Raworth suggests that while growth may have been the focus of the last century, this one has its own challenges – and needs a new aim.
But when it comes to the economy is growth always good news?
We so often assume it is, with a rise in GDP welcomed by investors and politicians, and constant talk about the importance of growth – and as growth as the solution to everything from raising incomes to cutting unemployment to shrinking inequality.
So in this episode of the Big Money Questions, we thought we’d just check in and see if this assumption is watertight.