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Joseph Stiglitz - Problems with GDP as an Economic Barometer

Complete video at: http://fora.tv/2008/02/05/J... Nobel Prize-winning economist Joseph Stiglitz proposes alternatives to Gross Domestic Product (GDP) as a measurement of national economic success....  
 
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lxmoya11 (5 days ago) Show Hide
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What a hack.
neddy05 (2 weeks ago) Show Hide
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The neoclassical view of the world is about simple efficiency and people as numbers. The real world is complex and people aren't a predictable unit. The world never has operated the way neoclassical economists believe. Their models arn't tested, they assume create maths to justify them. When you have lots of people being locked up something is wrong with your society. The neoclassical world view says, everything is ok as long as GDP is rising. Bollocks.
neddy05 (2 weeks ago) Show Hide
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"subjective perceptions of social justice upon others over economic efficiency."

And economics is without subjectivity?
phonedial9 (1 month ago) Show Hide
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Stiglitz rulz
Piscivorus (1 month ago) Show Hide
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watch?v=zPkTItOXuN0
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texans1806 (1 month ago) Show Hide
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the guy next to him laughs when his Stiglitz voice squeeks. haha
mwells219 (1 month ago) Show Hide
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it's good to see economists like stiglitz counter the straight neo-classical economists. It's people like him and Krugman who will get us out of the glut of the reagan/friedman era.
buzwazfuz (1 month ago) Show Hide
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stiglitz is the man
technosnob303 (2 months ago) Show Hide
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whats so wrong with this comment that it got thumbs down? are these unsound arguements?

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