3 ms·
I think what we need is a metric for government policy that isn't GDP growth. Instead it should be GDP of the bottom X% of the population. I used to think X% wa
by technotony 11y ago
I think what we need is a metric for government policy that isn't GDP growth. Instead it should be GDP of the bottom X% of the population. I used to think X% was 10% but now I think maybe X=50% or even X=90% might be the right answer. This is by nature redistributive, but it accepts inequality if it raises those at the bottom.
As an addendum I think this metric should be global wealth not national wealth but that's not going to happen in the current world of nation states.