> like scoring a soccer game based on how far your players run
That’s a pretty good analogy for what GDP is counting, actually.
But I think the larger point is that manufacturing is grounded in something real. It’s a measure of how many tanks and fighter jets you can make, no matter how much they cost to make.
That’s a pretty good analogy for what GDP is counting, actually.
But I think the larger point is that manufacturing is grounded in something real. It’s a measure of how many tanks and fighter jets you can make, no matter how much they cost to make.