3 ms·
Yes, economic metrics can be reductive. E.g. believing GDP is a measure of well being is a common reductive mistake. However, the public are often wildly incorr
by jahnu 1y ago
Yes, economic metrics can be reductive. E.g. believing GDP is a measure of well being is a common reductive mistake. However, the public are often wildly incorrect. I should have been more precise and said that in order to have a productive analysis and make good policy you need objective metrics and context with discussion.