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Yup, and that's a whole other kettle of fish. Currently I'm trying to understand what the criticisms are. Slicing and dicing them is my next project.

The basis of the comparisons is one of the  things I want to look at in a little detail. It's pretty widely accepted that GDP is a bad way of comparing economies since it pretty much rewards wasteful and destructive activities.

See Blair's speech today in another diary. He almost explicitly repeats the assumption that an economy with good metrics will be good socially.

by Colman (colman at eurotrib.com) on Thu Jun 23rd, 2005 at 10:40:22 AM EST
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