gominokouhai: (Default)
[personal profile] gominokouhai

(no subject)

Date: Thu, Nov. 23rd, 2017 09:50 (UTC)
From: [personal profile] scotm
"The ideal economic or GDP hero is a chain-smoking terminal cancer patient going through an expensive divorce whose car is totalled in a 20-car pileup, while munching on fast-take-out-food and chatting on a cell phone. All add to GDP growth. The GDP villain is non-smoking, eats home-cooked wholesome meals and cycles to work." - Mark Anielski

Typically, we tend to call unquantifiable illth and bads in economic terms as "externalities". Events and actions which occur as an indirect consequence of a contract or transaction.

Profile

gominokouhai: (Default)
gominokouhai

September 2021

S M T W T F S
   1234
5678910 11
12131415161718
19202122232425
2627282930  

Expand Cut Tags

No cut tags

Most Popular Tags

Style Credit

Powered by Dreamwidth Studios