by Summary:
That;s the headline for my latest piece for Independent Australia Obviously, costs like ecosystem destruction and the deaths of millions of native animals can’t easily be put into the framework of the National Accounts. But, even if we stick to the National Accounts, Gross Domestic Product is a terrible measure of economic welfare. As I always say, there are three reasons for that; it’s Gross, it’s Domestic and it’s a Product. Share this:Like this:Like Loading...
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John Quiggin considers the following as important: Economics - General, environment
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That;s the headline for my latest piece for Independent Australia Obviously, costs like ecosystem destruction and the deaths of millions of native animals can’t easily be put into the framework of the National Accounts. But, even if we stick to the National Accounts, Gross Domestic Product is a terrible measure of economic welfare. As I always say, there are three reasons for that; it’s Gross, it’s Domestic and it’s a Product. Share this:Like this:Like Loading...
Topics:
John Quiggin considers the following as important: Economics - General, environment
This could be interesting, too:
Asad Zaman writes Escaping the jungle: Rethinking land ownership for a sustainable Future
Angry Bear writes Burning stuff is depriving us of years of healthy living
Ken Melvin writes The Big Crunch
Merijn T. Knibbe writes We’re killing it.
That;s the headline for my latest piece for Independent Australia Obviously, costs like ecosystem destruction and the deaths of millions of native animals can’t easily be put into the framework of the National Accounts. But, even if we stick to the National Accounts, Gross Domestic Product is a terrible measure of economic welfare. As I always say, there are three reasons for that; it’s Gross, it’s Domestic and it’s a Product.