254. Does GDP translate into quality of life?

13/11/2019 33 min Episodio 254

Listen "254. Does GDP translate into quality of life?"

Episode Synopsis

The GDP is often used to measure the well-being of a nation. However, it only measures the "gross", not the "net". Such costs as the impact of the manufacturing of cars on the environment and the costs of income inequality are not factored into the equation. There is more to people's well-being than producing goods.