GDP is a Poor Metric

Even the creator of GDP knew its limits...

Written by Adam English
Posted August 6, 2013

Outsider Quote of the Week

simon kuznets"Distinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long term. Goals for more growth should specify more growth of what and for what." 

— Simon Kuznets, Creator of Gross Domestic Product, Harvard University Economics Professor, and recipient of the Nobel Memorial Prize in Economic Sciences

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