GPI- Nova Scotia measures economic reality

yea, Nova Scotia!!!!!! a Nexis of economic evolution.

Image by erjkprunczyk via Flickr

Surely you follow the economic recovery saga. Every new report -- on consumer spending, jobs, credit, whatever -- sends the stock markets crazy, either up or down. Governments may stand or fall on whether growth resumes. And that peculiar branch of show business, TV business reporting, relentlessly applauds the "good news" at the slightest presumed uptick.

What we crave is "growth" -- the more the better, as measured by the Gross Domestic Product (GDP) index. But have you stopped to ask what it is we're wishing for?

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