miscellaneous

What we learned this week

One comment

  1. Oh dear.

    GDP isn’t the only indicator used for public policy. Unemployment and inflation are just two others that have great influence on policy and debate.

    But then that would not help the argument that politicians think growth is everything and it is destroying the planet.

    But I also notice that the criticisms of GDP aren’t that it overvalues public spending (which it does). That would go against the pro government spending position of the GDP critics.

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