2min chapter

The Real Story cover image

What is economic growth and why does it matter?

The Real Story

CHAPTER

Is There Something That GDP Doesn't Tell You?

GDP was really invented in the manufacturing age, says David Frum. It doesn't tell you how you come up with that growth, and it's not very good at measuring services, he adds. "It really pays no attention to the destruction that is caused in the process of creating those goods" He asks: Would there be something else we could count other than GDP?

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