After the Bell: How gross is gross domestic product? - Daily Maverick

7/31/2022 12:00:00 AM2 years 9 months ago
by Tim Cohen
by Tim Cohen
The fact is that gross domestic product (GDP) is just gross. It’s gross for all kinds of reasons.
GDP is gross because notionally it measures economic activity, on the assumption that increasing economic activity is positive. Personally, when I work harder, I dont always see it as a positive. Fun… [+4520 chars]
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