I couldn't sleep last night, too excited about today, so I listened to a really good discussion about growth, and the desperately inadequate metric of GDP when it is used as a primary aim, rather than as one metric out of many to describe the health and well-being of a national economy.
https://www.bbc.co.uk/sounds/play/w3ct33pk
A great listen, pitched at a nice level for economics virgins like me.
It strikes me that almost all of our discussions are about detail and technicalities, and getting angry when people don't give us massive respect for our somewhat subjective opinions. But the simple truth is that we are using an abstract and at best partially meaningful target (growth/wealth/money) when surely these things are at best only vehicles towards the ONLY things that actually matter to us (happiness/health/peace).
We seem so blinded to something so simple. It's a bit like the Emperor's new clothes, isn't it? |  |
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