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>Greetings,
>
>A recent group has arisen, calling itself "Redefining Progress," and has
>developed a critique of GDP as a standard measure of economic well-being.
>Granted, this is less broad than societal well-being, but the point is still
>valid.
>
>Their address is:
>
>One Kearny Street
>4th Floor
>San Francisco, CA 94104
>
>Phone # 415 781 1191
>
>This is as of last September. Last November, I believe, there was an article
>on the topic, from the organization, in _Atlantic Monthly_. It was fairly
>readable, and could even serve as useful background to almost any
>macroeconomics course, whether for the general public or not. You should be
>able to get some interesting material from the article or from the group
>itself.
Yeah. The theory behind "Redefining Progress" was good--the implementation
I thought had a _lot_ of problems with it, so the actual _estimates_ they
produced seemed to me to be worse than the GDP numbers they started with...
Brad De Long
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