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I don't think looking at GDP/capita proxies quality of life at all. If you and I pay one another $100 every week we'll both be boosting GDP and doing nothing o
by chownie 7y ago
I don't think looking at GDP/capita proxies quality of life at all.
If you and I pay one another $100 every week we'll both be boosting GDP and doing nothing of material worth aside from paying the taxes on the exchange.
I'm also not convinced that it's absent in all OECD countries given an explicit loophole allowing slavery of prisoners in the US constitution.
- barry-cotter 7y agohttps://ourworldindata.org/human-development-index https://ourworldindata.org/human-development-index Positive correlation between human development index and GDP per capita; also positive correlation between GDP per capita and education and health.