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Measuring Real Progress by Ron Colman

August 20, 2011

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Measuring Real Progress by Ron Colman All of us— politicians, economists, journalists,  and the general public—have been completely hooked on the illusion that equates economic growth with well-being and prosperity. This was not the intention of those who created the GDP. Simon Kuznets, its principal architect, warned 40 years ago: The welfare of a nation […]