Energy Efficiency and its Impact on Living Standards

Aleksandar Kovačević , a Senior Visiting Research Fellow at the Oxford Institute for Energy Studies, discusses the effects of energy efficiency on living standards in his essay entitled “How Would Greater Energy Efficiency Affect Our Daily Lives?”, written exclusively for the VIP Blog on Sustainable…
How Was Life? – Global Well-being since 1820

H ow was life in 1820, and how has it improved over time? Our view on socio‑economic development since the Industrial Revolution is to a large extent based on the evidence produced by historical national accounting in the tradition of Simon Kuznets and Angus Maddison. But trends in gross domestic pr…