Re:Development: Time to Leave GDP Behind
by nostromo on Monday October 31, 2022 @07:26PM
(#33414813)
It's more reasonable to say that determining the value of divorce is beyond the scope of GDP.
Well it is beyond the scope of GDP, which is why they are saying we need more than just that metric. Did you really read the article?
Re:Development: Time to Leave GDP Behind
by ravel-bar-foo on Tuesday November 01, 2022 @02:17AM
(#33417636)
> Did you really read the article?
Please don't do this. It's against the rules, doesn't contribute any new insight, and the answer is plain from the conversation: they did. (Divorce stats being included into new metrics of economic health was specifically mentioned in the article and AFAICT not previously in the comments.)
I don't think anybody is arguing that we should stop measuring or looking at GDP entirely. The article argues that we need to recognize that we can't just close our eyes to the value of these things.
It's kind of like talking about the value of a human life in dollars. We know this number is more than 0$, and we know this number is less than __POSITIVE_INFINITY__$, and we're probably never really going to agree on a number somewhere in the middle, but it's still an important number to consider.