The Inclusive Wealth of Nations: Prosperity, Sustainability, and the Future of Economic Progress (Bloomsbury).
Available to pre-order from Bloomsbury, Barnes & Nobel, Waterstones, Blackwell's, and Amazon.
My new book grows out of my work on sustainability, and from time spent at Adam Smith's Panmure House reflecting on The Wealth of Nations as its 250th anniversary approaches.
It asks a simple question: what do we really mean by the “wealth of nations” today?
Across ten chapters, I set out a vision grounded in existential risk and intergenerational justice. I trace the history of ideas about growth, examining rival views of development and environmentalism and the influence of The Limits to Growth. I then explore the rise of national income accounting and the emergence of inclusive wealth as a way to understand progress beyond GDP. These ideas are applied to the economic history of the UK from the Industrial Revolution to the present, and the inclusive wealth approach is compared with alternatives such as degrowth and Doughnut Economics.
Drawing on long-run data (1760–2023), wealth accounting, and contemporary sustainability debates, the book makes the case for inclusive wealth as the right metric for safeguarding the future.
Available to pre-order from Bloomsbury, Barnes & Nobel, Waterstones, Blackwell's, and Amazon.
My new book grows out of my work on sustainability, and from time spent at Adam Smith's Panmure House reflecting on The Wealth of Nations as its 250th anniversary approaches.
It asks a simple question: what do we really mean by the “wealth of nations” today?
Across ten chapters, I set out a vision grounded in existential risk and intergenerational justice. I trace the history of ideas about growth, examining rival views of development and environmentalism and the influence of The Limits to Growth. I then explore the rise of national income accounting and the emergence of inclusive wealth as a way to understand progress beyond GDP. These ideas are applied to the economic history of the UK from the Industrial Revolution to the present, and the inclusive wealth approach is compared with alternatives such as degrowth and Doughnut Economics.
Drawing on long-run data (1760–2023), wealth accounting, and contemporary sustainability debates, the book makes the case for inclusive wealth as the right metric for safeguarding the future.