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The problem with GDP per capita is that it encourages marginal work. Let's say you can do all you need in four hours. Then you spend another 36 hours on some bu
by Anotheroneagain 2y ago
The problem with GDP per capita is that it encourages marginal work. Let's say you can do all you need in four hours. Then you spend another 36 hours on some bullshit of marginal value because hey, GDP got higher. GDP per manhour would discourage such low value work. If it's necessary its price will rise until it gets worth doing.