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What about inequality and various quality-of-life factors? GDP-per-capita is a mean, it doesn't tell you anything about distribution. Qatar has a higher GDP-pe
by nly 6y ago
What about inequality and various quality-of-life factors?
GDP-per-capita is a mean, it doesn't tell you anything about distribution. Qatar has a higher GDP-per-capita than the United States, but most of that wealth is highly concentrated.
The Republic of Ireland also beats the US. Explain that. Without doing so it's fairly meaningless.
- disgruntledphd2 6y ago> The Republic of Ireland also beats the US. Explain that. This is driven by multinational profit shifting, and is in no way reflective of the actual Irish economy.