Paper Editing-Discuss the impact on the environment of policymakers using our current measures of GDP
It has been suggested that GDP is a poor measure for economic growth because pollution abatement would be included as valuable production, but the depletion and degradation of our natural resources is often excluded from the calculations.
Discuss the impact on the environment of policymakers using our current measures of GDP. Suggest changes to such measurements that would provide better outcomes (and explain what you mean by a better outcome).
Policymaking is dependent on the perception of costs and benefits as well as how much we discount the future in our calculations. Discuss whether an economy would be better off with a far-sighted totalitarian (I.e. a single decision maker overall economic activity) or with a democracy with people that can at least look a little bit into the future.
