Having taught economics courses at private vocational schools and universities, I have always had a problem with GNP as a yardstick of prosperity. GNP is improved by increases in questionable activities such as consumption of cigarettes and the production of weapons. Moreover, a substantial increase in car accidents will favorably affect GNP because more funerals, hospital visits, car repairs, and new car purchases will result.
Ernie J ZelinskiRelated topics
affect car consumption economics having hospital increase private problem production prosperity result substantial teach yardstick courses gnpRelated quotes
[Referring to private hospital funding alone:] That won't work, it will never be enough, good health care costs a lot of money, remembering 'the distant parts of this province' in which 'assistance cannot be procured, but at an expense that neither [the sick-poor] nor their townships can afford.' ... '[This] seems essential to the true spirit of Christianity, and should be extended to all in general, whether deserving or undeserving, as far as our power reaches.
Benjamin Franklin
Who now speaks of the fires in Australia, or remembers that 18 months ago a boat could cross the North Pole because the glaciers had all melted? Who speaks now of the floods? I don't know if these are the revenge of nature, but they are certainly nature's responses. Today I believe we have to slow down our rate of production and consumption and to learn to understand and contemplate the natural world. We need to reconnect with our real surroundings.
Pope Francis
Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior...
Peter Drucker
England was nothing, compared to continental nations until she had become commercial...until about the middle of the last century, when a number of ingenious and inventive men, without apparent relation to each other, arose in various parts of the kingdom, succeeded in giving an immense impulse to all the branches of the national industry; the result of which has been a harvest of wealth and prosperity, perhaps without a parallel in the history of the world.
Samuel Smiles
One of the most potent ways to spiritualize the home is to create a sacred space, an altar, or a room used only for meditation, prayer, or spiritual reading. [...] Your sacred place will become an area of high spiritual vibrations which will affect the entire house, thereby attracting pious personalities. Having a sacred space will also remind you that your home belongs to God and that you are simply the caretaker of it.
Bhakti Tirtha Swami
