Having taught economics courses at private vocational schools and universities, I have always had a problem with GNP as a yardstick of prosperity. GNP is improved by increases in questionable activities such as consumption of cigarettes and the production of weapons. Moreover, a substantial increase in car accidents will favorably affect GNP because more funerals, hospital visits, car repairs, and new car purchases will result.
Ernie J ZelinskiLive a little. Laugh a little. Love a little. Happiness will find you in a big way.
Ernie J ZelinskiWhen you find yourself on the side of majority, question yourself about what you are doing and why. It is likely wrong.
Ernie J Zelinski