Enrique Gili is a freelance writer covering Lifestyles of Health and Sustainability (LOHAS), issues for regional magazines in the Southland and beyond. I live in Ocean Beach, San Diego the coolest beach town around.
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Category: Commentary
Posted on: August 20, 2007 12:03 PM, by EJGili
Oil, soil, copper, and forests are forms of wealth. So are factories, houses, and roads. But according to a 2005 study by the World Bank, such solid goods amount to only about 20 percent of the wealth of rich nations and 40 percent of the wealth of poor countries.
So what accounts for the majority? World Bank environmental economist Kirk Hamilton and his team in the bank's environment department have found that most of humanity's wealth isn't made of physical stuff. It is intangible. ( Reason)
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Comments
Really enjoyed reading the article "Our Intangible Riches", as it sheds new light on sorely needed changes.
Posted by: Sound | August 22, 2007 12:02 AM