Richard Butz is a boater, boat builder, and water lover who lives in Bristol, Vermont. Richard has advocated for our waterways for years, including as co-founder of the Buffalo Maritime Center, former board member and chair of the Buffalo Niagara River Keeper, and current board member of the Addison, Vermont, River Watch Collaborative. Why should…
Even when the worst of the current worldwide economic crisis ends, the U.S. economy will have fundamentally changed. What will that new economy look like? We may see slower economic growth, with more gradual ups and less precipitous declines. Perhaps fewer hours will be worked on average per year, but with higher productivity per hour. Whatever the changes, we will need to develop a new way of measuring how well our society is doing to supplement – or even replace – gross domestic product.