Re:As child care costs soar, more parents may have to exit t...
by gmac on Thursday November 02, 2023 @07:31AM
(#38111933)
Yes, GDP is famously crap. It wasn't developed as a number to be maximised, and we've known it makes no sense to maximise it ever since it was developed.
Samuelson remarked along the lines that (old-fashioned gender roles alert) "if a man marries his maid, GDP falls".
Unfortunately, that hasn't stopped politicians and journalists using it to keep score.
Samuelson remarked along the lines that (old-fashioned gender roles alert) "if a man marries his maid, GDP falls".
Unfortunately, that hasn't stopped politicians and journalists using it to keep score.