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Tracking the Sputnik Economy

journal contribution
posted on 01.04.2011, 00:00 by Edward B. Barbier
In his 2011 State of the Union address, President Obama stressed investment in infrastructure, education and clean energy in the U.S. economy to "win the future." Edward Barbier of the University of Wyoming argues that to track the progress of such an investment strategy will require replacing GDP per capita as the main economic indicator with a Net Domestic Product (NDP) measure that is "adjusted" for real depreciation or appreciation in the reproducible, human and natural capital stock.

History

ISO

eng

Language

English

Publisher

University of Wyoming. Libraries

Journal title

The Economists' Voice

Collection

Faculty Publications - Economics

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