Gross Deficient Product
The author of this thoroughly entertaining and thought provoking book points to all that is wrong with the way we measure growth.
Let us just say this is not a book that will gladden the hearts of the finance ministry mandarins. After all, India's economic policymakers take great pride in the fact that the country is projected to be the fastest growing major economy in the next decade. And we will probably grow faster than China for the next 10 years or so. But David Pilling's thesis is that GDP
