Skip to content
Stories

Is a growing middle class the real key to economic growth? 

People in this story

o

Excerpt:

Some experts have raised concerns about our preoccupation with economic growth, like Madhavi Venkatesan, an associate teaching professor of economics at Northeastern University. 

Some people “truly believe that their purpose is to consume, the focus should be to get as much income as possible [and] firms should be maximizing profits,” Venkatesan said. “But the part of well-being is not in the quantitative values, but in the qualitative values.”

Link to article

Is a growing middle class the real key to economic growth?

More Stories

Paper by Prina, Marks & Gernhardt forthcoming in Review of Economics of the Household

06.07.2024

Bilge Erten Awarded NIH Grant

05.31.2024

Arts Graduates Thrive in Hubs: New Study by NU Professors and Alum

06.24.24
All Stories