3 ms·
Per capital growth is also not sufficient. Such a metric could easily be achieved by slowly reducing the population to 1. I might propose some analog of total o
by adverbly 7y ago
Per capital growth is also not sufficient. Such a metric could easily be achieved by slowly reducing the population to 1. I might propose some analog of total output minus population growth as a better metric.
- pdonis 7y ago> Per capital growth is also not sufficient. Such a metric could easily be achieved by slowly reducing the population to 1 Only if the 1 person can continue to increase their productivity with nobody else to trade with, which is absurd. Increasing productivity comes from specialization and trade.