Replying to Avatar Aurelius

Switzerland has one of the lowest GDP’s of any of the industrialized countries. It also sits atop Yale’s Environmental Performance Index and has some of the happiest people in the world.

GDP measures mythical growth and financial services with the same weight that it lends real production. It is an inadequate measure of non-market production like government services.

It’s time to use a better measure of an economy’s vitality:

Sustainable National Income

Genuine Progress Indicator

Adjusted Net Savings

Human Development Index

Happiness Index

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ish4k 2y ago

I agree. but then BRICS, who’ve just achieved a bigger GDP than NATO, would go back to sixth layer of hell.

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