It doesn't change the structural problems of concentrated prosperity.
Problems—"the diseases of prosperity"—include obesity, environmental pollution and waste.Several indexes already try to go beyond GDP, such as the Human Development Index and the Happiness Index.
"I don't view low savings and the current account as structural problems, but as a function of prosperity," said James Glassman, an economist for Chase Securities in New York.
Our problem isn't that the sources of prosperity have dried up in a long drought; our problem is that we don't know how to swim.
Now the biggest problems facing many residents are those of prosperity: development, gentrification, and rising rents.
No one will be shocked to hear that the dean of Harvard Business School believes that business is the world's greatest generator of prosperity and solver of problems.
Add a prolonged drought to the effects of prosperity and rising populations, and problems are inevitable, including higher costs.
Pittsburgh's smoke pollution, seen in the 1890s as a sign of prosperity, was recognized as a problem in the Progressive Era and was cleared up in the 1930s 1940s.
Cuomo addressed the subject and the underlying problem of tying economic prosperity to incarceration levels in his 2011 state of the state speech: "You have juvenile justice facilities today where we have young people who are incarcerated in these state programs who are receiving treatment that has already been proven to be ineffective; recidivism rate in the 90th percentile.
