Inclusive Wealth of Nations

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A01=Eoin McLaughlin
Author_Eoin McLaughlin
Category=KCB
Category=KCL
Category=KCZ
Environmental economics
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equality
forthcoming
Human capital
Inclusive wealth index
inequality
Natural capital
Public capital
Social capital
Sustainable development
Sustainable economics

Product details

  • ISBN 9781350544154
  • Dimensions: 156 x 234mm
  • Publication Date: 06 Aug 2026
  • Publisher: Bloomsbury Publishing PLC
  • Publication City/Country: GB
  • Product Form: Hardback
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This book argues for a reassessment of the way a nation’s wealth is measured that goes beyond the simple measurement of GDP to include on all capital - produced, human, natural and social - that contribute to human well-being and national wealth in the broadest sense.

By including natural resources, ecosystems and biodiversity in the measurement of national wealth, inclusive wealth ensures that economic development is sustainable and safeguards future prosperity.

The Inclusive Wealth of Nations provides an overview of how economists have viewed economic growth from Adam Smith's early insights to the present. It carefully explains how economists responded to increased critiques of economic growth – the Limits to Growth – in the 1970s and how this laid the foundation for how economists think about sustainable development today. It analyses why economists argue that inclusive wealth should be the measurement used, and also critically evaluates practical applications of this approach.

Written in a lively and accessible way, it helps the reader understand how inclusive wealth provides a way of balancing short-term economic gains with long-term sustainability.

Eoin McLaughlin is Professor of Economics in Edinburgh Business School at Heriot-Watt University, UK.

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