Macro-economic models need to widen their perspective

Ethical Markets Beyond GDP

The recent recession has prompted the adoption of ‘return to growth’ policies but the tools used to assess growth often have a narrow economic focus. A new report has assessed current macro-economic models and suggests they need to incorporate the impact that environmental factors can have on the economy, and …

China’s Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus

Ethical Markets Reforming Global Finance

Ellen Brown October 28, 2010 www.webofdebt.com/articles China may be as heavily in debt as we are.  It just has a different way of keeping its books — which makes a high-profile political ad sponsored by Citizens Against Government Waste, a fiscally conservative think tank, particularly ironic.  Set in a lecture …