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I actually think the obsession with GDP is mostly by absorption of social norms rather than the majority having a deep understanding of the ethical or practical foundations of GDP as a measurement. i.e. People see the talking heads focusing on GDP so they absorb the idea that GDP is the measurement of economic health.
I think GDP is a good enough measure for what it is; but I'd like to see more people understand what it actually measures and what it doesn't.
Yes, agreed. I meant why economists continue focusing on it, when we all know the limitations.
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