Thu Jun 29th, 2006 at 06:12:02 AM EST
On Migeru's request -
Why do we privilege GDP growth over all other measures of an economy's performance? This is a topic we've touched on repeatedly before
Migeru proposed three questions:
- What does GDP measure?
- Why does it need to grow?
- Does the need for GDP growth outweigh any other policy goal?
The first is well answered by the link above and the comments and diaries linked to it. The others I don't quite understand. I doubt I'll like the answers.