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The Inclusive Wealth of Nations
Prosperity, Sustainability, and the Future of Economic Progress
Brief Description
The Inclusive Wealth of Nations argues for a reassessment of the way a nation’s wealth is measured, extending beyond the simple measurement of GDP to include all forms of capital - produced, human, natural, and social - that contribute to human well-being and national wealth in...
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See moreA critical assessment reappraising the measurement of a nation’s wealth that goes beyond GDP to focus on all capital - produced, human, natural and social - that contribute to human well-being and national wealth.
A critical assessment reappraising the measurement of a nation’s wealth that goes beyond GDP to focus on all capital - produced, human, natural and social - that contribute to human well-being and national wealth.
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Description
The Inclusive Wealth of Nations argues for a reassessment of the way a nation’s wealth is measured, extending beyond the simple measurement of GDP to include all forms of capital - produced, human, natural, and social - that contribute to human well-being and national wealth in the broadest sense.
By incorporating natural resources, ecosystems, and biodiversity into the measurement of national wealth, inclusive wealth ensures that economic development is sustainable and safeguards future prosperity.
The Inclusive Wealth of Nations offers an overview of how economists have viewed economic growth, from Adam Smith's early insights to the present. It explains how economists responded to increased critiques of economic growth, such as the Limits to Growth in the 1970s, and how this set the groundwork for contemporary thinking on sustainable development. The book analyses why economists advocate for inclusive wealth as the standard measurement, while also critically evaluating practical applications of this approach.
Written in a lively and accessible manner, it helps the reader understand how inclusive wealth provides a means of balancing short-term economic gains with long-term sustainability.
Book Details
INFORMATION
ISBN: 9781350544147
Publisher: Bloomsbury Publishing PLC
Format: Paperback / softback
Date Published: 06 August 2026
Country: United Kingdom
Imprint: Bloomsbury Academic
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 28.0mm
Width: 154.0mm
Height: 232.0mm
Weight: 620g
Pages: 416
About the Author
Eoin McLaughlin is Professor of Economics in Edinburgh Business School at Heriot-Watt University, UK.
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