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Politics : Moderate Forum
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To: tsigprofit who wrote (7548)3/5/2004 11:57:31 AM
From: epicure  Read Replies (1) of 20773
 
GDP is crap

"Add pollution to the balance sheet and we appear to be doing even better. In fact, pollution shows up twice as a gain: once when the chemical factory, say, produces it as a by-product, and again when the nation spends billions of dollars to clean up the toxic Superfund site that results. Furthermore, the extra costs that come as a consequence of that environmental depletion and degradation--such as medical bills arising from dirty air--also show up as growth in the GDP.
"

theatlantic.com
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