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Time to put the GDP out to pasture

Global Women's Project | Tue, Aug 11, 2009

Time to put the GDP out to pasture

Yesterday's New York Times featured an opinion piece by Eric Zencey, professor of historical and political studies at Empire State College, entitled “G.D.P. R.I.P.” In it, Zencey makes the case that it is time to get rid of the outmoded economic concept “gross domestic product” and replace it with one that better captures well-being and our nation’s economic health.