Summary

Over the past few years, food and energetic prices have experienced a dramatic drop, together with important social progresses, international security issues and a current slowdown of worldwide economic growth. The exponential growth of worldwide population is not sustainably possible as the earth has some physical, biological and ecological limits. Developing the economy by following the economical theory of compared advantages does not necessarily result in higher levels of well-being. Therefore what directions should the economy take to promote well-being? What options may we contemplate?