Undisciplined on Nostr: Is GDP an Accurate Measure of Reality? ...
Is GDP an Accurate Measure of Reality?
https://mises.org/mises-wire/gdp-accurate-measure-reality
By Frank Shostak
> Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.
originally posted at https://stacker.news/items/679907
https://mises.org/mises-wire/gdp-accurate-measure-reality
By Frank Shostak
> Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.
originally posted at https://stacker.news/items/679907