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by oblio 1698 days ago
Yes, because money isn't everything. I know (you seem to be American) that this is probably a strange concept :-p

And HDI is still quantitative, it's still a number: https://en.wikipedia.org/wiki/Human_Development_Index#New_me...

You might not like the magic numbers in the formula or the things they choose to weigh, but GDP is much, much too coarse to evaluate anything about the greater well-being of a population, especially in developed countries.

2 comments

It’s a really terrible index if you’ve ever dig into the criticisms. It’s doesn’t do a very good job of measuring the things it claims to measure.

So you’ve basically argued against a quantifiable measure that is a major determinant of quality of life and replaced it with something worse?

>Yes, because money isn't everything.

That's the exact same argument people in net tax recipient states use for reducing federal taxation even when it hurts them slightly.