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> If we all just peacefully accept that standards of living have to go down for everyone Alternatively, we could all just agree that "standard of living" != "G
by Kon-Peki 4y ago
> If we all just peacefully accept that standards of living have to go down for everyone
Alternatively, we could all just agree that "standard of living" != "GDP". In the old days, measuring GDP was a lot easier than measuring the standard of living. They were highly correlated, so we used it as a proxy. But now, it's outdated, and it has been for 50+ years.