James K Nelson

The GDP measures what we produce. But how does it account for what's left?

*according to the standard formula for GDP as specified by the US BEA's NIPA handbook

They say our production is growing. But what actually counts as "product"?

If I splash out on an "organic" product, what actually happens to all that extra money I pay?

From the soil I came, and to it shall I return.
But what of what I own? May it also be regrown?