Karlof - here is someone in France with the same thought:

France seeks new growth measure

http://news.bbc.co.uk/1/hi/business/7177100.stm

Hi pondlife--Thanks for the link. I'm not the least surprised that Stiglitz is involved as I've been following his course since he quit the World Bank in the late 1990s. Nor is it surprising that the IMF would make such recommendations. The French are quite right to determinedly resist such policy advice as it would work to destroy the commonweal they've struggled to achieve.

So often, the US economy is measured by the number of new single family homes, which is invariably an incentive to further sprawl.