The Stupidity of GDP per Capita
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture (and is often grossly misused). So is there a better metric?
Chapters:
00:00 Intro
01:43 What is GDP per capita?
03:58 What does GDP NOT tell us?
08:11 The most glaring issue
10:20 A better metric?
13:31 Hear me out….
Credit to : Type Ashton
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