GDP is a concrete measure that is difficult to fake. Once you start arguing about the economic value of volunteering, divorce, income inequality, and crime -- you've opened the door to never being able to trust GDP again.
Should we create new metrics to track progress? Sure. Should we stop tracking GDP? No way.
GDP is a concrete measure that is difficult to fake. Once you start arguing about the economic value of volunteering, divorce, income inequality, and crime -- you've opened the door to never being able to trust GDP again.
Should we create new metrics to track progress? Sure. Should we stop tracking GDP? No way.