3 ms·
Environmental regulations typically hurt GDP. But we as a society (in the US at least) have long ago figured out that the improved quality of life is worth the
by D13Fd 4y ago
Environmental regulations typically hurt GDP. But we as a society (in the US at least) have long ago figured out that the improved quality of life is worth the decrease in overall productivity in many cases.
If you generalize the analysis to GDP trumps all, most environmental protections would fail that test.