Jaap Van Duijn: Material Prosperity May Increase, but Well-Being Decreases

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In 1974, an interesting study was published, entitled ‘New scarcity and economic growth’. It was the trade edition of the dissertation of Dr. R. Hueting, a first attempt to quantify the damage caused by agriculture, industry and transport to our environment, and therefore also to human health. The ‘new scarcity’ concerned the environment, which was increasingly under pressure as a result of, among other things, increases in scale in production a…