New GDP Accounting Makes a Difference Locally

Ethical Markets - RArticles by Hazel Henderson, Beyond GDP, Poetry by Hazel Henderson

The narrow ”economism” shown by critics of the Picasso Exhibit running its last week in St. Augustine, Florida, is a hangover from obsolete economic textbooks still unable to record “intangibles,” those valuable services which today make up some 70% of advanced economies and services sector companies’ balance sheets.  These old …