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Ep. 130: Demystifying GDP

The Seen and the Unseen - hosted by Amit Varma

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The Unintended Consequences of the GDP Concept

Amitai Etzioni: How do you measure cheap antibiotics being available at will and what it does to life expectancy and quality of life? And I mean, the very fact that you are here recording this podcast for me for no compensation, unfortunately, though I did buy you a cup of coffee. He says we've reached a really tricky territory today as countries desperately pursue high GDP growth at any cost. "I think in that pursuit of growth, you are ignoring a lot of unintended consequences or what we call negative externalities," he adds.

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