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March 20, 2017


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Measure what you value. Uphold high (mileage) standards. Beaufort takes on plastic. Pro-science congresspeople. Cool oceans protect reefs. Be kind to spiders. Gas tax redux. Plastic seawalls. My mistake.

Monday, March 20, 2017

Folks, If you don’t know who Simon Kuznets was, you were probably an English major or a psychology major.  You were almost certainly not an econ major. Professor Kuznets invented National Income Accounting, which brought us the world’s most widely used measure of economic well-being, Gross Domestic Product (GDP).  National Income Accounting systematized the evaluation of economic activity in America.  Its misuse is also one of the reasons we are in so much trouble today. This editorial…

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