3 ms·
GDP being a weak and misleading metric has been known to be a factor from many decades. It's just an easy and lazy measurement most can (or think they) underst
by epolanski 3y ago
GDP being a weak and misleading metric has been known to be a factor from many decades.
It's just an easy and lazy measurement most can (or think they) understand.
- jakub_g 3y agoApart from money not being everything, it's also much "averages vs medians" (vs distributions) again. People love using averages because they're a single number, and easy to calculate. Medians are more difficult to calc, and distributions and percentiles are something most people are never taught, and it's no longer a single number which is easy to (artificially) compare.
- chrisweekly 3y agoHuh? Mean ("average"), median and mode are each a single number that provides a distinct measurement of central tendency.