“Just as Bill Murray’s character could not escape Groundhog Day without radically changing his life, we cannot expect different economic outcomes without fundamentally different growth models.”
Good article by Ashoka Mody in Project Syndicate, criticising the belief that the global economy can return to the growth model of the past. Yet, Mody still thinks a new growth model is conceivable. What if we have moved into the post-growth era? Then we do not need a new growth model but a new model to share prosperity in a world with planetary and social limits.