Green Accounting Bibliography Entry
Kuznets, Simon S. "How to Judge Quality" The New Republic, 20 October 1962: 29-32.
The article is often taken as an example that even the "father" of our national accounting system acknowledged its shortcomings. Particularly, the end of the first paragraph has found its way in many recent publications on this issue: "[D]istinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long run."
Posted by Gernot Wagner on 1/01/1990. 