4 ms·
Just because GDP isn't a direct measure of quality of life doesn't make it a useless statistic. It's also useful to measure the economic heft of a country which
by cman1444 3y ago
Just because GDP isn't a direct measure of quality of life doesn't make it a useless statistic. It's also useful to measure the economic heft of a country which is important in a macro context. Sometimes things need to be viewed from the top down, not just the ground up.