Elon Musk Hates GDP for the Wrong Reason
Statele Unite
GDP is a controversial metric. Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of national accounts and its limits as a catch-all indicator of a country’s economic health. In 1972, the Club of Rome’s Limits to Growth report argued that exponential growth would exhaust the earth’s natural resources, eventually leading to a “sudden and uncontrollable decline in both population and industrial
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