The Living Standards Framework is not fluffy in the slightest. It is the kind of framework I want. It's one that's richer and deeper than a simple cost-benefit analysis, but it doesn't shy away from that either. It looks at the four kinds of capital: human capital—skills and knowledge; natural capital—the environment; social capital, being communities and wellbeing; and the physical landscape we live in, which is also our capital. It builds these things back better. 