Friday, August 14, 2009

RE: G.D.P. R.I.P.

This is a great article on why we should do away with GDP. One of the core flaws he picks up is that "every instance of replacement of a natural-capital service with a built-capital service shows up as a good thing" in GDP. Intuitively to do this makes no sense. Read on for more! Frank

http://www.nytimes.com/2009/08/10/opinion/10zencey.html

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