GDP is unscientific and unfair for poor people.

Max B. Sawicky sawicky at bellatlantic.net
Fri Sep 3 23:57:47 PDT 1999



> Max Sawicky,
> Do you agree that GDP as a measurement of the whole economy condition is
> unscientific and unfair for poor people? Is GDP for the rich to hoodwink
poor
> people's eyes?
>
> Sincerely,
> Ju-chang He

I've answered this question twice now, once in a post you quoted verbatim.

You have no idea what you're talking about. I suggest you read some books on economics. Any good introductory textbook should be a revelation. Then at least you'll have some idea of what it is you want to criticize.

mbs



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