And indeed why aren't we factoring out the false economies related to pollution etc?
https://www.taxresearch.org.uk/Blog/2026/03/17/10-of-gdp-is-fiction/
#WagesForHousework #GDP #UKpolitics #economics

10% of GDP is fiction
Everyone is told that economic growth is the key to prosperity. But what if a significant part of GDP, the number politicians obsess about, is based on a transaction that never actually happens? Around 10% of UK GDP is made up of something called “imputed rent.” This is the imaginary rent homeowners...

