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I'm sure it has problems, but if I look at the top of this list (and exclude the tax havens) the answer to "Would I like to live there?" is Yes. Likewise for t
by gadders 9mo ago
I'm sure it has problems, but if I look at the top of this list (and exclude the tax havens) the answer to "Would I like to live there?" is Yes.
Likewise for the bottom of the list it's an emphatic No.
Is it a completely accurate indicator? Probably not. Is it directionally accurate? Yes.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...
- BrenBarn 9mo agoPart of the problem though is that people often try to use GDP (or GDP per capita) to compare within the top of the list. Like they try to draw conclusions about whether "Germany is doing better than Italy". It's true that big differences in GDP per capita can distinguish between really good and really bad places, but so can many other measures (like life expectancy or education expectancy). Plus, even on a coarse rubric GDP isn't perfect. I'm pretty sure I'd rather live in Spain than Qatar or Greenland. :-)