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Several alternatives to Gross Domestic Product have been proposed, and each tackles the central problem of placing a value on goods and services that never had a dollar price. The alternatives are controversial, because that kind of valuation creates room for subjectivity – for the expression of personal values, of ideology and political belief....It’s admittedly difficult to set a dollar price on such things – but this is no reason to set that price at zero, as gross domestic product currently does
Eric Zencey, in "G.D.P. R.I.P. (S - Z) | ||
