Thursday, August 6, 2026

GDP as a Measure of Prosperity

Stop assuming GDP is an indicator of prosperity
https://www.ft.com/content/285bf286-07c3-49b1-9b6d-7df9664e73c0
Billboard-worthy rates of economic growth mask high levels of wealth and income inequality. 

GDP Is a Flawed Measure of Prosperity. Alternatives Are on the Way.
https://www.nytimes.com/2026/05/26/business/economy/gdp-united-nations-prosperity-measures.html
The United Nations has a new plan for weighing economic gains alongside health and environmental progress. But consensus is elusive.