The biggest beef I have with GDP is that it does not capture how we run down natural capital to create financial capital. Pollute our seas, cut down our forests, poison our air: this is all a capital loss, but reflected as a financial gain in GDP statistics, even though finance is a human abstraction and our natural capital is real. In Swahili, the word for nauture is maliasili, also translated as ‘genuine wealth’. We have something to learn from that.
Something I always find interesting is the word Eco-Nomics which is a greek and latin mashup for "study of the home", but still the Eco prefix seems to have a similar meaning here.
