On Jun 20, 2008, at 3:35 PM, Jim Devine wrote:
right. The problem is instead that (1) the GDP is a measure of market activity, not of what's good for people or the environment and (2) a lot of people don't know this and assumed that it is something we always want to increase.
That too. But I was responding to claims about price indexes being concocted in secret. It's a summer Friday; I don't feel up to a full critique of GDP.
Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
