The Situationist

Archive for July 17th, 2011

What Is Our Gross National Product?

Posted by Adam Benforado on July 17, 2011

On Wednesday, I walked over to Wharton for an interesting lecture by Temple law professor Peter Huang drawing together several strands of his work.

In the hour and a half, Peter spoke about happiness, memory, behavioral law and economics, and a host of other things, but one of the elements of his presentation that really caught my attention was this two minute clip from a speech by Robert F. Kennedy.

Some Situationist readers may be familiar with the contents, but it was totally new to me and it really struck a cord.  It stands as a strong articulation of our core American values, as well as — in my estimation — a powerful indictment of neoclassical economic analysis and traditional cost-benefit type calculations.

Take the time to listen; it’s worth it.

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