From climate to infrastructure to public safety to consumption habits to education, we gain clarity when we can view our challenges through a lens of moral philosophy.

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They have, he says, encouraged shortsightedness, the black economy and consumption, while discouraging education and failing to prepare firms for change.

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Known best as the guiding metric of the Himalayan nation of Bhutan, GNH tracks not merely economic output and consumption, but factors like access to health care, education and nature, and evolves based on continuous input from citizens.

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According to Emanuele Baldacci and other economists at the IMF, a sustained rise in public spending by 1% of GDP, spread evenly across health, education and pensions, would increase the ratio of household consumption to GDP by 1.25 percentage points.

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Agenda 21 envisions a global scheme for healthcare, education, nutrition, agriculture, labor, production, and consumption.

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Then if you add in the value of all of the tax, the benefits paid out, then add in again all of the government services (in the UK including health as well as education, defence and so on) the actual gap in consumption possibilities falls to about 6 to 1.

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In addition to focusing on education and clean energy, China is also seeking to shift from export-led growth to more domestic consumption supported by a growing service-sector economy.

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