S E25: Gross Domestic Product - Adding Up Everything We Do
Think Like An Economist
The Shadow Economy and Its Effects on the Environment
Gus says the way we measure g d p also undervalues the environment. Gus: The problem with mackerel economic measures like g d p is that, by focusing only on the size of the pie, they totally ignore this. It's like a tree has no value until it's chopped down and used to make something else.
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