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You're asking why isn't it obvious to me that the two metrics can be meaningfully compared? If I could answer that, I would know whether or not they could be me
by philh 10y ago
You're asking why isn't it obvious to me that the two metrics can be meaningfully compared? If I could answer that, I would know whether or not they could be meaningfully compared.
Your post doesn't convince me. Whether that's because I don't know enough to follow the argument, or because the argument doesn't follow, I couldn't say.
I will say that, as I understand it, GDP depends a lot (mostly?) upon things being bought and sold within a country, while a firm's revenues mostly come from sources outside the firm.
- dredmorbius 10y agoNo, I'm asking what your reasons for thinking corporate income and GDP aren't equivalent concepts, because I'd like to see and understand your thinking. As I'd hoped my comment above made somewhat evident, my thinking can go either way on the concept. Your insights might give me a nudge one way or the other. My quoting the accepted answer doesn't mean I agree with it. The interrnal production vs. passthrough disttinction has merits. Though what of a mabufacturing company, say, of automobiles of computers?
- deleted 10y ago[deleted]