How to Measure Prosperity
GDP is a bad gauge of material well-being, time for a fresh approach that accounts for parks and intangible capital, as well as the depletion of capital and damage to the environment.
GDP is a bad gauge of material well-being, time for a fresh approach that accounts for parks and intangible capital, as well as the depletion of capital and damage to the environment.
A blog by WAVES Senior Environmental Economist Juan Pablo Castaneda on NCA efforts and the importance of working with partners in Latin America where immense natural resources are being depleted.
A blog by Kevin Mumford, an associate professor of Economics at Purdue University, discusses how measuring national wealth can serve as a complement to GDP.