the denominator

[Mark Jones]

I'm interested in paleoeconomics, that's cool. We need a flintstone index.
I suppose one could compare this with Daley's GPI schemes which does
support stagnation or declining standards in recent times. Altho that all
seems pretty ropey to me, Daley's valuations are highly speculative
intuitions. I can't believe Wallerstein was just extrapolating from Africa,
if he's that thick it's abuse of tenure. What was his article? Got  a ref
anyone? This is seriously interesting.

Mark

Brad De Long wrote:


> >Brad:
> >
> >Your figures are very interesting.  But do they reflect external costs
> >represented by environmental and social degradation?
> >
> >Dan Lazare
>
> No. They don't. They have all the flaws of standard GDP calculations...