# Professor Michael Spence argues that economic growth alone does not improve the standard of living in developing countries

1 Faculty News November 4, 2016 ![The Atlantic logo](/sites/default/files/styles/246w/public/assets/images/con_031336.jpg?itok=T4ciY3Gl)>

Excerpt from [The Atlantic](http://www.theatlantic.com/business/archive/2016/11/economic-growth/506423/) -- "Missing from growth are many things: health, distributional aspects of growth patterns, sense of security, freedoms of various kinds, leisure broadly defined, and more."

[Read more](http://www.theatlantic.com/business/archive/2016/11/economic-growth/506423/)