GDP tell us less and less about broader efforts to improve human well-being, Tyler Cowen notes, as we spend more and more time on the Web:
Buying $2 worth of bananas boosts GDP; having $20 worth of fun on the Web does not.
GDP tell us less and less about broader efforts to improve human well-being, Tyler Cowen notes, as we spend more and more time on the Web:
Buying $2 worth of bananas boosts GDP; having $20 worth of fun on the Web does not.
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