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Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by ttoinou on Friday November 14, 2025 @07:05PM (#45933675)
Taking maximas and minimas is only saying that the scale of GDP figures is interesting to look at. Like does it have 3 figured or 6 figures ? But that metric is easily done with others measures than GDP.

And yeah, if you study GDP its easy to see it’s a giant scam and the economy cannot be put into numbers. Qualities are better than quantities

Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by intermerda on Friday November 14, 2025 @08:09PM (#45934141)
Do you have a historical example when a decrease in GDP in a country was accompanied with generally accepted increase in quality of life?
Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by ttoinou on Saturday November 15, 2025 @08:25AM (#45937306)
Why would you need that ? GDP does not have good theoretical foundations. We don’t need to pretend it’s a natural science like biology, it’s constructed from bad statistics, it’s worth nothing
Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by mmooss on Friday November 14, 2025 @07:31PM (#45933897)
> if you study GDP its easy to see it’s a giant scam and the economy cannot be put into numbers. Qualities are better than quantities

You'll need to have some sources for that!

Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by ttoinou on Saturday November 15, 2025 @08:19AM (#45937262)
I don’t. It’s people who pretend the economy can be measured that should prove their point (they can’t)
Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by mmooss on Saturday November 15, 2025 @03:19PM (#45940295)
GDP has been studied and demonstrated for decades. I wonder if there are any economic metrics that are better studied.
Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by ttoinou on Saturday November 15, 2025 @09:49PM (#45942352)
Its an argument from authority. All those people could be wrong about what the economy is about, it does happen that 90% of people are wrong about something, collectively. And every country measures it differently.

Even if it was really meaningful, by the simple Cobra effect it would be made meaningless

Re:Brexit reduced UK GDP by 6-8%, investments by 12-18% [pdf] by mmooss on Sunday November 16, 2025 @12:04PM (#45946562)
It's an argument based on research and expert consensus. What is your argument based on?