Getting Better

Buchzusammenfassung

Formerly with the World Bank, American economist Charles Kenny is a senior fellow at the Center for Global Development and the New America Foundation. He writes for the magazine Foreign Policy and has published many articles in various publications addressing the correlation of economic growth, health and happiness.

Rising income is often seen as the main marker of progress, but this view neglects the broader concept of development, which prioritizes improvements in quality of life, such as health, education, and freedoms. Historical and global trends reveal that while income plays a role, it is not the sole determinant of progress. Despite persistent economic disparities, humanity has achieved remarkable advancements in reducing poverty, improving health, and increasing life expectancy. Policies should focus on enhancing quality of life rather than solely pursuing rapid income growth, as evidence shows that such improvements can also support long-term economic outcomes. Globally, wealthier nations must champion equitable policies, while domestically, reducing inequality and ensuring access to essential services remain critical. Although economic growth theories often fail to provide universal solutions due to their context-dependent nature, progress in quality of life continues worldwide, driven by technological advancements, reduced living costs, and simple yet effective public health measures. These developments underscore the importance of prioritizing well-being over income as the true measure of human advancement.

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