ABSTRACT
The time has come to focus at last on economic growth from an economics perspective. What is it? How does it occur? Will it continue? Why do I speak of a paradigm? To begin with the last question, it is important to distinguish the paradigm of economic growth from two other aspects of the broader problem: the physical possibility of environmentally sustainable economic growth, and the socio-political necessity of continuing growth. The growth paradigm, strictly speaking, concerns our assumptions about the definition and mechanism of economic growth.
