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But fiscal and debt policies are built on GDP as primary indicator. That is why recently, some states/nations privileged GDP growth over economic wellbeing (gam
by orwin 2y ago
But fiscal and debt policies are built on GDP as primary indicator. That is why recently, some states/nations privileged GDP growth over economic wellbeing (gambling is such any easy example)
- rented_mule 2y agoGoodhart's law strikes again. It's one of those things that explains so many problems in the world once you understand it. I wish there were ways around it, but I think it's a natural thing in matters involving a lot of people.