Meter of sustainable economic prosperity


Daly's ecological natural resources index, also known as the index of sustainable economic welfare (ISEW), is a non-monetary measure of social wellbeing that takes into account both the management of mineral resources and the intergenerational social justice. The following are taken into consideration: average consumption, distribution of goods and environmental degradation. Calculating ISEW

It is a gauge based on natural indicators and therefore can not take into account such elements of welfare as eg population savings because they are based on monetary measures. Bibliography

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