Understanding the problems – economic theory

It’s good to identify and understand the problems before working on the solutions!

Companies rise and fall, and there is no need for there to be an overall rise.  Economic contraction can be an indicator of greater efficiency. The belief that economic growth is essential, the reliance on it as a cure-all, and the important things that are consequently ignored, are the most significant and damaging failures of contemporary economic theory. Wealth and economic output levels can and often go in opposite directions. See if you can come up with five reasons preoccupation with economic growth is bad.    inbox@ourvote.org