Thread: The Wealth of Nations - interesting article from The Economist

Free exchange: The real wealth of nations | The Economist

“WEALTH is not without its advantages,” John Kenneth Galbraith once wrote, “and the case to the contrary, although it has often been made, has never proved widely persuasive.” Despite the obvious advantages of wealth, nations do a poor job of keeping count of their own. They may boast about their abundant natural resources, their skilled workforce and their world-class infrastructure. But there is no widely recognised, monetary measure that sums up this stock of natural, human and physical assets.

Interesting read.

Originally Posted by Alundil

Free exchange: The real wealth of nations | The Economist

Interesting read.

Ya.

Good to know the empiricists are still out there, beating back the intangibles.

[movie: The Intangibles]

Seems like progress is being made.

Thanks.

Cheers,


AetheLove