Nobel laureate knocks the GDP


If I were an evil genius and wanted to cause maximum destruction with maximum misery, I’d invent the Gross National Product (GDP) as the measure, and economic mechanisms that collapse unless the GDP keeps growing.

I’ve been shouting this for years. Well, in a Guardian article, Joseph Stiglitz has explained why I am right.

His opinion matters, because he has won the Nobel Prize for economics, so it’s reasonable to consider him more of an expert than I am.

If you want to understand what’s wrong with our world, you need to read his essay.

About Dr Bob Rich

I am a professional grandfather. My main motivation is to transform society to create a sustainable world in which my grandchildren and their grandchildren in perpetuity can have a life, and a life worth living. This means reversing environmental idiocy that's now threatening us with extinction, and replacing culture of greed and conflict with one of compassion and cooperation.
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