Emeritus Prof Christopher MayMar 18

Zack Polanski (Green Party of England & Wales) argues that GDP should be downgraded as a measure of political economic success; he is 'much more interested in growing people’s mental health, growing our public services, growing cohesion of our communities'....

While possibly a quixotic aim given the continuing centrality of GDP measure to political discourse, it *does* play to people's distrust of GDP as a plausible measure of their own economic experience(s).

#economics #politics
h/t FT

Show threadColman Reilly
@ChrisMayLA6 GDP is the economic equivalent of BMI. We use it because it’s the only thing we can measure, not because it’s meaningful.
Mar 18 at 6:45pmWeb