GDP is unscientific and unfair for poorpeople.

[chang]

Date: Monday, August 30, 1999 9:20 PM Doug Henwood wrote:
>chang wrote:
>
>>Why economists all over the world still use Gross Domestic Product
>>to judge the
>>economic growth of a certain country and, according to this GDP,
>>calculate this
>>country's economic growth rate?
>
>GDP measures the production of goods for market and their sale. It's
>not meant to say anything about the distribution of income or the
>level of human happiness, though sometimes people take it to be so.
>What's your point?
>
>Doug
>
>

Why economists measure only the production of goods for market and their sale?
Why they don't say anything about the distribution of income or the level of
human happiness? Should they say anything about the living standards of poor
people?

Sincerely,
Ju-chang He

SHENZHEN, P.R. CHINA
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