The sorry truth about growth (WK-intern) - Because of the way official statistical agencies portray economic growth we are all living in a fool's paradise - mistaking narrow, superficial measures of wealth for the real thing. To achieve economic growth to date has meant draining the world of almost half of its key natural resources and borrowing heavily at more than three times the level of total GDP. It is like saying we are richer because our weekly income is up slightly – when, in reality, our bank balance has collapsed. Let's start with the ever-familiar GDP statistic itself. Because of