TED-Ed: How do we create a better economy? | TED-Ed

The video explores the concept of a healthy economy, challenging the traditional view that endless growth signifies progress. It highlights the limitations of GDP as a measure of national welfare and introduces the doughnut model, which balances social and ecological needs. The model emphasizes the importance of not exceeding ecological limits while ensuring no one is left in poverty. The video advocates for a balanced approach to growth, drawing parallels between human health and planetary health.

What does the term 'endless growth' imply in the context of economic systems?

Why is it important to balance resource use and economic growth?

How can understanding the interdependence of our world help in addressing economic challenges?