4 ms·
GDP is fairly easy to measure, and since a society normally consumes as much as it produces, it's a pretty good measure of average economic health. You're righ
by BurningFrog 1y ago
GDP is fairly easy to measure, and since a society normally consumes as much as it produces, it's a pretty good measure of average economic health.
You're right that there is more nuance you'd wish to see, but it's harder to measure, and I don't know how much it's normally worth.
- MangoToupe 1y ago> it's a pretty good measure of average economic health Median economic health strikes me as far more interesting than mean. I don't really care how well rich people are doing.
- Henchman21 1y agoWe all need to be concerned when they’re doing too well
- lawlessone 1y ago>I don't really care how well rich people are doing. ahem "people of wealth"
- wyldfire 1y agoMaybe "people currently experiencing extraordinarily fine housing"?
- BurningFrog 1y agoPerhaps, but until there is a way of measuring that, GDP/person wins by existing.
- msgodel 1y agoJust because you can measure it doesn't mean it's a good objective.