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Presentation Title

Is GDP a Reasonable Measure of a Nation's Wealth?

Student Presenter(s) and Advisor

Benjamin Labaschin '16, Lake Forest CollegeFollow

Location

Young 423

Abstract

There is an interesting connection between the Neolithic Revolution based in Mesopotamia and the modern world's current use of GDP as a measure of economic wealth. This connection can be seen by studying changes in the ecological state — especially the erosion of biodiversity — of Iraq and its neighbors today relative to what one might expect to see if only "natural" processes were in effect. I will use this connection to support an argument that GDP is an unsustainable and inefficient method of wealth measurement.

Presentation Type

Individual Presentation

Start Date

4-8-2014 9:40 AM

End Date

4-8-2014 10:20 AM

Panel

Panel: Cultural and Environmental Interpretations

Field of Study for Presentation

Economics, Environmental Studies

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Apr 8th, 9:40 AM Apr 8th, 10:20 AM

Is GDP a Reasonable Measure of a Nation's Wealth?

Young 423

There is an interesting connection between the Neolithic Revolution based in Mesopotamia and the modern world's current use of GDP as a measure of economic wealth. This connection can be seen by studying changes in the ecological state — especially the erosion of biodiversity — of Iraq and its neighbors today relative to what one might expect to see if only "natural" processes were in effect. I will use this connection to support an argument that GDP is an unsustainable and inefficient method of wealth measurement.