2010 年 33 巻 2 号 p. 3-9
This paper aims to clarify the relationship between well-being and economic growth: optimistic views on economic growth are critically reviewed from these two perspectives. Regarding the environmental and resource constraints on economic growth, environmental issues related to new scarcities, such as biodiversity and climate change, are more critical than resource constraints related to old scarcities, such as mineral resources, because there is no signaling mechanism for the society to evaluate new scarcities. Regarding the issue on what can be attained through economic growth, it should be emphasized that GDP is not an indicator of well-being, but an indicator of economic growth. Recent development in happiness research suggests the reinterpretation of the concept of well-being. The conclusion of this paper intends to raise the issue of clarifying the significance and usefulness of sustainable development for the maximization of social well-being.