GDP, the yardstick of economic success, is choking us and the planet

Read the full story from the Los Angeles Times.

Gross domestic product, our principal measure of economic well being, is a child of the manufacturing age. It conflates progress with production and consumption. It is out of date. Invented in the U.S. in the 1930s, it struggles to make sense of modern economies in which the quality of services and the pace of technological change are paramount.

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