Oxford Review of Economic Policy volume 30, issue 1, P44-69 2014 DOI: 10.1093/oxrep/gru002 View full text
Abstract: AbstractEstimates of Britain's Comprehensive Wealth are reported for the period 1760-2000. They include measures of produced, natural and human capital, and illustrate the changing composition of Britain's assets over this time period. We show how Genuine Savings, GS (a year-on-year measure of the change in total capital and a claimed indicator of sustainable development) has evolved over time. Changes in total wealth are compared to alternative, investment-based measures of GS, including variants augmented w…
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