GDP Measures Agency. Less Agency, Less Liberty.
The Gross Domestic Product, GDP, of a country in a year is the sum of all financial transactions in that country during that year… Measured in the local currency converted in US Dollars (which is roughly equivalent to the EUro). GDP is simple, all too simple, and thus has come under heavy criticism since it exists (including from yours truly). However, GDP measures WORLD AGENCY, it’s therefore an…
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