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
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