Re: [OPE] one of the great inventions of the 20th Century?

Date: Thu Mar 06 2008 - 22:19:06 EST

Hi Michael P:

The exact source for the quote is indicated

In solidarity, Jerry


The Health of Nations: 

Contribution of Improved Health to Living Standards 

William D. Nordhaus, Yale University 

January 25,


II. Including Health Status
in Measures National Income 

Current Approaches to
Measuring the Contribution of Health in the National Accounts 

While the GDP and the rest of the National Income and Product
Accounts (NIPA) may seem to be arcane concepts, they are truly among the
great inventions of the twentieth century.

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