Hacker News new | ask | show | jobs
by bmelton 3950 days ago
But when we're talking about redistribution to individuals, GDP is a less good metric than GDP per capita.

I agree that it dances around GDP, but I disagree that it is somehow the trump metric that makes everything work. On balance, we have less cash per resident than do countries with higher per capita GDP.

2 comments

OK then, you're the 10th riches by most PPP measures [1]

So you still outrank the vast majority of Developed countries, but universal healthcare is too difficult?

[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP...

I did not say that universal healthcare was too difficult.
Yes that's true. So the 9 countries who have higher GDP's per capita (PPP, although nominal is similar) have more money to distribute per person.

However, those nine countries have a few million people each, so the US has more money per person than 99% of the world.