"Patrick Bond" <[email protected]> > On 2014/03/21 08:09 AM, [email protected] wrote:
>>Paul Baran defines economic growth as “increase over time in per capita >>output of material goods”. What's your problem with that? > Impeccable source though it is, Baran's is sufficiently close to GDP to roll > out the usual correctives, not so? I was responding to previous poster's claim that economic progress wasn't a valid concept. You are simply saying that Baran's definition isn't appropriate because it doesn't subtract the harmful aspect of production which is a good point and I would also make changes to Baran's definition. -- Ron
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