Gdp - The World's Most Powerful Formula And Why It Must Now Change
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Gross Domestic Product is failing.
For decades it has rewarded environmental destruction and obscured inequality.
Its formula can be-and has been-gamed to the detriment of developing countries.
In this powerfully argued book, now
updated with a new chapter, science writer Ehsan Masood shows how GDP fell from
the path envisaged by its architects, and how its long-term misapplication has
kept large parts of the world in poverty, while helping accelerate global
warming and biodiversity loss.
As the world rebuilds
after the coronavirus pandemic and the accompanying global recession, our need
for a more sustainable and inclusive measure of economic growth has never been
greater. Change must come if we are to break the cycle. With clarity and
passion, Masood shows how we can update GDP for a better future.
[previously published as The Great Invention in North America]
For decades it has rewarded environmental destruction and obscured inequality.
Its formula can be-and has been-gamed to the detriment of developing countries.
In this powerfully argued book, now
updated with a new chapter, science writer Ehsan Masood shows how GDP fell from
the path envisaged by its architects, and how its long-term misapplication has
kept large parts of the world in poverty, while helping accelerate global
warming and biodiversity loss.
As the world rebuilds
after the coronavirus pandemic and the accompanying global recession, our need
for a more sustainable and inclusive measure of economic growth has never been
greater. Change must come if we are to break the cycle. With clarity and
passion, Masood shows how we can update GDP for a better future.
[previously published as The Great Invention in North America]
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