December 7, 2017
RELYING ON THE “GDP” IS UNETHICAL
Premier MacLauchlan continually equates good economic news with an expanding Gross Domestic Product (GDP). But since the GDP only values certain types of economic activity, it presents a fundamentally distorted and dishonest picture of the economy. Unpacking what the GDP “values” and “doesn’t value” shows why we need a new model and new language to identify and describe...
