5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP568: Current Market Conditions, Alternative Assets, & AI w/ David Stein

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Price of Tomorrow

I've heard debate around GDP being, say, an outdated metric. I love to get your take on whether you think GDP is maybe an outdated metric or is this the wrong way of thinking about it? First off, let's define GDP. So gross domestic product is the monetary value of the goods and services produced. And so we can't, GDP measures what's produced. It doesn't measure abundance and it doesn't measure well-being. Just producing more doesn't lead to well-being and happiness.

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