Archive for August, 2008
Monthly Archive
Tuesday, August 19th, 2008
Payday for Cinderella?
Unpaid household labor, growing food in the garden, repairing your own car, or even painting your apartment are all activities that add too wellbeing, but they are not counted in GDP. By the same token, every time someone is treated for cancer GDP goes up.
This is a serious flaw in the accounting process. There [...]