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I really dislike GDP as a measure, for this and other reasons. Ultimately, GDP isn't what matters. We should care about wealth creation, about efficient use of
by aes256 14y ago
I really dislike GDP as a measure, for this and other reasons.
Ultimately, GDP isn't what matters. We should care about wealth creation, about efficient use of resources (including labor), about happiness and enjoyment.
An inevitable consequence of abandoning GDP as a measure of economic progress (as we will, inevitably do) will be coming to terms with the fact that rampant consumerism and gross inefficiencies do not constitute 'growth'