Skip to main content

Financial Times:
Labour asked for detail on 'living standards' talk

9 November 2013

These trends worry economists and a broad consensus is supportive of a focus on living standards rather than GDP. The London School of Economics growth commission this year, for example, stated that ''prosperity is strengthened when everyone has the capacity to participate effectively in the economy and the benefits of growth are widely shared''.

This article was published in the Financial Times on November 9, 2013
Link to article here

Related publications
Investing for Prosperity. A Manifesto for Growth (2013) T. Besley and J. Van Reenen (eds), LSE Academic Publishing in partnership with London Publishing Partnership.
Details
LSE Growth Commission Report - Investing for Prosperity: Skills, Infrastructure and Innovation, by Philippe Aghion, Timothy Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Christopher Pissarides, Nick Stern and John Van Reenen, January 2013

Related links
Francesco Caselli webpage
Christopher Pissarides webpage
John Van Reenen webpage
Productivity and Innovation Programme webpage
LSE Growth Commission website

Read more... Financial Times