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Socratic Economics I: Why GDP growth above all else? | 59 comments (59 topical, editorial, 0 hidden)
Re: Socratic Economics I: Why GDP growth above all (none / 1)
In that sort of example, you're right.
by Colman (colman at eurotrib.com) on Thu Jun 29th, 2006 at 03:20:55 PM EST
[ Parent ]
Re: Socratic Economics I: Why GDP growth above all (none / 1)
Miguel is, of course, right in saying that that money and capital goods are not absolute equivalents.  Obviously I can't walk into Wal-Mart with a piece of heavy machinery from a GM plant and exchange it for an iPod.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Thu Jun 29th, 2006 at 03:52:56 PM EST
[ Parent ]
Re: Socratic Economics I: Why GDP growth above all (4.00 / 3)
Might be fun to try though.
by Colman (colman at eurotrib.com) on Thu Jun 29th, 2006 at 03:55:47 PM EST
[ Parent ]
Re: Socratic Economics I: Why GDP growth above all (none / 0)
The look on the cashier's face, alone, would be worth it.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Thu Jun 29th, 2006 at 03:58:31 PM EST
[ Parent ]

Socratic Economics I: Why GDP growth above all else? | 59 comments (59 topical, 0 editorial, 0 hidden)
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