Stanford researchers develop a way to measure economic health that accounts for nature
Wednesday, June 10, 2020 - 11:20
in Mathematics & Economics
The way we measure economic health is flawed, according to new research from the Stanford-based Natural Capital Project. When we talk about a country’s economic prosperity, we’re almost always referring to gross domestic product, or GDP, a calculated value based on the goods and services that flow through an economy. But GDP doesn’t account for many […]