August 03, 2004
Genuine Progress Indicator
Interesting alternative to Gross Domestic Product from Redefining Progress. The claim is that GDP inaccurately reflects economic health by blinding looking only at the money we spend. There are other factors, such as volunteer work, crime, pollution, environmental degradation, resource depletion, etc. According to the GPI, our nation's economy is not nearly as rosy as GDP would suggest.
Looking forward to discussion amongst SJR's economic pundits.
I've been here before. In the late 1970's this was called Radical Feminist economic theory. Funny how that's not mentioned in the report's bibliography.
Posted by: Kristin at August 3, 2004 08:59 PMI would like to see an economic indicator that takes environmental and sustainability factors into account. It's not like we can just burn fossil fuels at this rate forever. The problem is that denial is such a strong political force in this country.
Posted by: Mike at August 4, 2004 08:40 AM