GDP Can’t Measure Progress
10:57–13:08 · 131s
Mokyr dismantles long-run GDP as a yardstick and uses anesthesia to show how life-changing innovations barely register in GDP despite massive consumer surplus gains.
10:57–13:08 · 131s
Mokyr dismantles long-run GDP as a yardstick and uses anesthesia to show how life-changing innovations barely register in GDP despite massive consumer surplus gains.
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