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Anecdotal: London's GDP was considered super high and growing. Why did citizens not experience any increases in happiness and well being? Because policy focusse
by teekert 6y ago
Anecdotal: London's GDP was considered super high and growing. Why did citizens not experience any increases in happiness and well being? Because policy focussed on attracting super rich people, and a couple of them raised the GDP significantly. GDP is not a good measure of estimating the pleasure/happiness derived from of living in a country.
- alexgmcm 6y agoGDP is also just a bad measure. I mean as Bobby Kennedy said "...it measures everything in short, except that which makes life worthwhile." The size of an economy doesn't indicate whether or not it is actually improving people's lives. Again, to quote RFK: "It counts napalm and counts nuclear warheads and armored cars for the police to fight the riots in our cities."
- austhrow743 6y agoHold up, why on earth would you think gdp has anything to do with happiness? Do you think humans for the vast majority of our history and also in the vast majority of places today were/are utterly miserable?