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by
csomar
131 days ago
GDP
is
an arbitrary abstraction:
https://en.wikipedia.org/wiki/Imputed_rent
We could have simply
not
calculated imputed rent (or all of rents).
1 comments
Retric
131 days ago
Even in a society of 1 person that person would prefer to live in a mud hut than outside getting rained on. Ignoring imputed rent ignores that value and therefore is objectively wrong.
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