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From their ivory towers, nearly 240 academics have declared that economic growth is bad for Europe and the planet. In two months, they and global supporters of the "no-growth economy" have held conferences in Mexico City, Malmo and Brussels.Their efforts herald a return to an earlier, thoroughly debunked form of alarmist environmentalism that is detached from reality and disdainful of billions of the world's people.The U.S. has experienced a clear increase in inequality: the top 1 percent earned 18 percent of income in 1913; this fell to 10.4 percent in 1976, and returned to 20 percent in 2014 .Globally, inequality has been declining, because many more people in the developing world have emerged from poverty.In 2015, the World Bank found that for the first time ever, less than 10 percent of the world's population was living in extreme poverty.The latter-day Malthusians are opposed to extending these tremendous benefits to more of the world because they believe that global warming will be so bad that it justifies stopping growth.
Keeping spotlight on challenge
Why gross domestic product still matters
It’s cheaper to talk than to cut emissions
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