I’ve thought a lot about the definition of waste. The way I figure out, a good way of defining waste is the use of planetary resources that don’t improve quality of life. I like this view a lot. Instead of environmental effectiveness being based on the restrictive view that we should simply “use less,” we […]
public policy
When economic growth isn’t progress
Policy makers and even the voting public make the mistake of thinking that growth in gross domestic product (GDP) is an indicator of societal progress. In reality, though, GDP is nothing but an indicator of national spending with no distinctions between those transactions that add to our well-being and those that diminish it. Chop the […]