Whenever the topic of economic growth is broached, there is a common and understandable reaction along the lines that growth is ecologically unsustainable or socially harmful. Since one of the preoccupations of this blog is demand-led growth, it is perhaps worth pausing to reflect on the appropriateness of the topic. This can be broken down into two parts. Why consider growth as such? And why emphasize the possibility that growth is demand led?
I gazed out the eighth-story window of a humble – bashful, even – apartment at crowds of pedestrians on the street below, feeling drawn to those crowds, blissfully lost in their collective thoughts, basking in a sense of universal oneness and kindness toward everyone and everything. I held a specially designated Study Mug to my chest, nestled just so, withholding for a time the pleasure of that first sip. At last I relented, and gave in to sweet temptation, raising the Mug to my lips.