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Benjamin Israel
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If you look at the biggest GNP's you almost have to conclude it's main use is not as a measure of national well-being, but as one of national shame, environmental destruction, bad health, and general misdirection. It's beyond belief that economists don't see through this number and toss it aside once and for all. (I bet they do but their employers don't let them get away with it.) Matt, you say it was part of the national conversation decades ago, but are you sure about that. Until I hear otherwise, I'm going to go on thinking that RFK was an iconoclast, ahead of his time, one of a kind, and shot for it.
Toggle Commented Mar 12, 2010 on Does GNP mean anything? at Entangled Particles
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Mar 12, 2010