"The point is," Jonathan Rowe wrote, "that when the market expands, it doesn't do so into a void." By "hot-air controversy" may I presume you're referring to the long-term consequences of pumping CO2 emissions into the atmosphere?"
On Wed, Mar 20, 2013 at 12:10 AM, Jurriaan Bendien < [email protected]> wrote: > The Left’s furore about GDP is largely a hot-air controversy which > echoes some discussions within the liberal elites. If economic growth is > regarded as the main indicator of human progress, then if there is no > economic growth, there is also no overall progress. But if there is no sign > of progress, it becomes much more difficult to justify policy. People want > to see that things are getting better, and if things are not getting > better, they become skeptical about the authorities. Hence, the search is > on for other indicators, which show that there is progress in society > nevertheless, or that a certain standard of life is attained, even if there > is little economic growth. If the quantities do not support the argument, > the focus is shifted to qualities. > > J. > > > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > > -- Cheers, Tom Walker (Sandwichman)
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