Need for Economic Growth: Conclusions and Outlook

This lecture discusses the reasons for seeking GDP growth in both low-income and high-income countries, emphasizing the importance of inclusive growth to reduce poverty and inequality. It explores the paradox of needing growth while being cautious of its negative impacts on the planet. Alternative approaches such as focusing on saving natural resources, work sharing, and income sharing are presented. The concept of an Unconditional Basic Income is also examined. The lecture concludes by proposing quality growth with low environmental impact and advocating for sufficiency and frugality to achieve sustainable prosperity.