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Interesting lead report on last night's Newsnight. It was raising the question "Is growth good?" in the week that the recession word reared its head. Up popped Andrew Simms from the New Economics Forum and Paul Ekins from the Green Fiscal Commission to question fundamental economic tenets. Simms made the distinction between growth and development, in the sense that the former gives no indication of happiness and worth whilst the latter allows for meeting the needs of populations. Economists are not measuring enough, argued Simms. I wonder how this argument transfers to construction. Can we cost for good development rather than bad?
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