Re:Development: Time to Leave GDP Behind
by svnpenn on Monday October 31, 2022 @07:34PM
(#33414898)
> Once you start arguing about the economic value of volunteering, divorce, income inequality, and crime
Who is saying we should do that? These items have value, that is not debatable. It might not be economic value, but that's not the point. The point is, these items are not being valued on a national scale, or at least extremely undervalued against GDP. If you have extreme wealth inequality, GDP is a pretty poor measure of basically anything.
Who is saying we should do that? These items have value, that is not debatable. It might not be economic value, but that's not the point. The point is, these items are not being valued on a national scale, or at least extremely undervalued against GDP. If you have extreme wealth inequality, GDP is a pretty poor measure of basically anything.