7 Posts Tagged "Accounting 101"

(This post was co-authored by Thomas Sterner and appeared first on EDF Voices.) Last week, the Obama administration 
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Via EDF Voices. This first appeared online in an article posted at ensia.com. Gross Domestic Product (GDP) ...
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(This post was first published on EDF Voices.) The Office of Management and Budget is nerd heaven: a bunch of people getting their professional kicks from analyzing federal ...
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Fix GDP, don’t scrap it

Posted on September 25th 2012 | 0 comments
Two views on the shortcomings of GDP as a measure of well-being, one by Sir Partha Dasgupta. My take: GDP is broken. Robert F. Kennedy said as much in his first major presidential campaign speech. Simon Kuznets, the father of GDP, acknowledged its shortcomings. GDP is an im ...
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(Example) Summer travel season is upon us, with all the joys and travails that come with spending a perfectly fine vacation day stuck in an airport somewhere. Nevertheless, travel is fun and has plenty of positive sides to it. They range from increased cultural understanding to helping oth ...
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Overshoot Day

Posted on September 28th 2011 | 0 comments
Yesterday was Earth Overshoot Day. As of today, we are spending down the planet’s natural capital without any chance of making up for the depreciation. The seven billion people ...
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A ton of coal, gone tomorrow

Posted on September 26th 2011 | 0 comments
A ton of West Virginian coal adds around $30 to GDP. There’s only one minor flaw with this arithmetic: Once you’ve dug it up, it’s no longer there for the taking tomorrow. Considering just that simple fact, the ton would only add $15 to GDP. Quite a differenc ...
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