The Complexity of GDP and Its Relationship with Economic Policies

Gross Domestic Product (GDP), a measure of everything produced in the economy, is discussed with questions raised on its significance and connection to policy targets. The podcast explores how GDP calculation includes various economic activities, including paid work but often overlooks unpaid work like caregiving. The debate contemplates whether GDP growth is a true reflection of a nation's economic health, highlighting the nuances and limitations of using GDP as a sole policy indicator.