Economists Must Learn to Subtract

	Duration: 00:30 minutes Upload Time: 2006-03-20 20:04:38 User: SpartacusMoriarty :::: Favorites :::: Top Videos of Day
Description: Adbusters exposes the fallacies of neoclassical economics.
Comments
anderg03 ::: Favorites I think you are confused on identifying the concept of an 'economy' and what it actually constitutes and why we have corporations at all. There is a clear distinction between the results of choices and the ability to act this choice. It is a qualitative argument. How would you measure these externalities then? 07-10-22 09:20:31 __________________________________________________
strategyminded ::: Favorites Get over your technical foolishness. Everything doesn't need to be QUANTIFIED to be true. As our economy is now, outsourcing is good for the economy. High health care costs are good for the economy. Deforestation is good for the economy. Doesn't mean that any of that is good for "people," which is what the economy should be there for. The economy should serve the people of a country that allows it to exist, not multinational corporations without borders. 07-10-10 00:40:23 __________________________________________________
anderg03 ::: Favorites what an untenable ad, half of those arguments against GDP recordings are not even in the definition of GDP and...technicalities. the oil in such an oil spill may not be recorded in receipts for goods produced until it has become an input into its final product. We are aware of the use of the GPI as the indicator for welfare growth, not GDP, as Kuznets postulated, so this ad is a lame-duck attempt to contributes nothing more to promote this awareness. 07-08-04 02:39:55 __________________________________________________
willyswear ::: Favorites Economist will have to do a lot of subtracting to keep up with future inflation. 07-06-30 22:42:53 __________________________________________________
BlueBerryPickn ::: Favorites Canadians ask, "What is the Growing Real Income Gap?" tinyurl DOT com/2ye4k9 Take the survey: are YOU in the 49% of Canadians who are only a few paychecks from catastrophe? Spread Love... ... but wear the Glove! BlueBerry Pick'n can be found @ ThisCanadian "Silent Freedom is Freedom Silenced" 07-06-13 11:02:46 __________________________________________________
botchbud ::: Favorites People don't seem to understand that 30 seconds is all you get for a commercial space. Of course it's "simplistic". 07-04-26 14:30:22 __________________________________________________
onemind1 ::: Favorites this is the most retarded thing i have ever seen. Economics is not ethics or how the world should be, it is how the world is, deal with it! 07-03-01 11:06:18 __________________________________________________
pmberry ::: Favorites You're on the right track but the message is too simplistic. 07-01-03 05:35:45 __________________________________________________
thedogonarope ::: Favorites Basic level eco. Nothing to shout about. Public should be made aware, yes. There are shortcomings in the use of GDP to measure standards of living... but how many things are you going to subtract? Surely, when a cancer patient gets diagnosed and GDP goes up, this is a measure of better living standards, as if cancer is caught diagnosed early enough it can be cured. Therefore, improving life for potential cancer patients. 06-11-30 16:08:04 __________________________________________________
AeroEbook ::: Favorites No, it's true: If someone's gettin' rich... someone else is getting sick or being exploited. 06-11-15 09:33:52 __________________________________________________