Curious
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Curious

GDP’s “Ontology Stack”

Why We Stubbornly Cling to GDP

Why, despite widespread criticism, do we still cling to GDP as primary metric for economic vitality? In the same 1934 report where Simon Kuznets first introduced the concept of GDP, he cautioned:

“Economic welfare cannot be adequately measured unless the personal distribution of income is known. And no income measurement undertakes to estimate the…

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Oshan Jarow

Oshan Jarow

Interested in many things, like consciousness, meditation & economics. Sure of nothing, like how to exist well, or play the sax (yet). More: www.MusingMind.org.