Thursday, March 13, 2008

RFK on GNP

The American Prospect's Kate Sheppard reports on a hearing held by Senator Byron Dorgan on the deficiency of Gross Domestic Product as a proxy for economic well-being. As she notes, the point was eloquently by Robert Kennedy in this 1968 speech. Each semester, as I read a passage from it to my principles students, I am reminded I that I'm no Robert Kennedy. Next time I might play this instead:
Hat tip: Ezra Klein. NB: Kennedy refers to Gross National Product (GNP); nowadays GDP is the more commonly cited aggregate measure, but the two are closely related.

Update (9/13): The Glaser Progress Foundation informs me that video has moved to a new web location.

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