Time to Abandon the GDP?
Posted on February 18th, 2010 by Sean Khozin, MD, MPH
A new editorial in Nature highlights a growing consensus among economists and policy-makers that “governments’ reliance on Gross Domestic Product (GDP) as the main proxy for social well-being and progress is leading the world in wrong and unsustainable directions.”
For example, healthcare spending in the U.S., representing about 17% of our GDP, may be inflating the [...]
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