"How can it be that great wealth is created on Wall Street with products like credit-default swaps that destroyed the wealth of ordinary Americans—and yet we count this activity as growth? Likewise, fortunes are made manufacturing food products that make Americans fatter, sicker, and shorter-lived. And yet we count this as growth too—including the massive extra costs of health care. Global warming creates more frequent hurricanes, which destroy cities and lives. Yet the economic activity to repair the damage ends up getting counted as growth as well." Very nice essay on current state of the American economy and why it's broken (for everyone but the top 1% of earners). http://evonomics.com/we-desperately-need-a-twenty-first-century-view-of-the-economy-en/
