America’s obsession with consumption, and with consumer welfare as the ultimate measuring stick for individual and family well-being, has eroded our commitment to pluralism—to a society in which people can build lives that align with their values and priorities. Measures like “Gross Domestic Product” create the convenient illusion of a homogenous population benefiting (or suffering) in lockstep. The most efficient economic arrangements, which produce the greatest output for consumption, are the presumptively superior ones. Read More
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