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Licensed Unlicensed Requires Authentication Published by De Gruyter April 14, 2011

Tracking the Sputnik Economy

  • Edward B Barbier
From the journal The Economists' Voice

In his 2011 State of the Union address, President Obama stressed investment in infrastructure, education and clean energy in the U.S. economy to "win the future." Edward Barbier of the University of Wyoming argues that to track the progress of such an investment strategy will require replacing GDP per capita as the main economic indicator with a Net Domestic Product (NDP) measure that is "adjusted" for real depreciation or appreciation in the reproducible, human and natural capital stock.

Published Online: 2011-4-14

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston

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