4 ms·

GDP is an extremely imprecise inaccurate rough measure of economic strength. Every country is unique and has its own set of footnotes and caveats. Even within t

by arp242 1y ago

GDP is an extremely imprecise inaccurate rough measure of economic strength. Every country is unique and has its own set of footnotes and caveats. Even within the same country there are often huge differences (e.g. North of England is not the same as London, and California is not the same as Mississippi).

riku_iki 1y ago
Sure, GDP is not totally accurate (not sure about extremely though), you feel free to bring better metric and we will check it.
- arp242 1y ago
  You can't capture a complex reality in a single number.
  - riku_iki 1y ago
    you can capture approximation/estimation, which is much better than ignoring reality completely.