Green Is Good
ASEE Prism, Mar 2006 by Grose, Thomas K
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ECONOMIC GROWTH is good for a country, argues Harvard economist Benjamin M. Friedman in his latest book. And not because it means people can live in finer houses filled with HDTVs, iPods and a PC in every room. It's because economic growth improves a country's national character. In "The Moral Consequences of Economic Growth," Friedman argues that countries that experience growth are more democratic, politically stable, fairer, more tolerant and offer more opportunities to more people. Countries whose economies are in the doldrums tend to become intolerant, xenophobic, untrusting and uncaring. He notes the poor economic conditions that led to the rise of the KKK in the South and of Nazism in Germany. The key, Friedman insists, is ongoing growth, that people perceive that their incomes and status continue to rise. Rich countries with stagnant economies risk moral decay. -TG
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