|
|
|
|
|
by Aloisius
362 days ago
|
|
Yes, we can create a hypothetical world where that is true, but that's not the world we live in. GDP is not just an abstract number. It's a measure of the value produced by the nation - value that people find, well, valuable. We do not optimize only for GDP. It is merely a leading indicator we use that helps us predict things like recessions and unemployment which themselves are leading indicators for quality of life. |
|