GDP

You can’t stabilize a system by maximizing an unbounded quantity, anyway.

Comments:

  1. World Bank, with Stiglitz and Sachs, are now promoting alternative measures, valuing conserved natural capital rather than just turnover measure of GDP - see "Moving beyond GDP" at http://www.wavespartnership.org/waves/ . We wait and see whether they take this further than greenwash level. Or if they can at least come up with a decent song or cartoon.


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