Green Domestic Product?
One of the recurrent themes at the UN's spectacularly unsuccessful Rio+20 summit in June was the need to change how we measure wealth. But, while many argue that we must abandon our “obsession” with GDP and develop a new “green” accounting standard to replace it, doing so would be a serious mistake.
https://prosyn.org/ZPdDf52
SANTIAGO – One of the recurrent themes at the United Nations’ spectacularly unsuccessful Rio+20 summit in June was the need to change how we measure wealth. Many argue that we must abandon our “obsession” with Gross Domestic Product and develop a new “green” accounting standard to replace it. In fact, doing so could be a serious mistake.