Skip to main content

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated Cookie policy, Privacy policy and Terms & Conditions

GDP-box Getty Images

The Trouble with GDP

Economists have long recognized the limits of gross domestic product as a means of measuring economic activity and prosperity – namely, that it can miss both negative externalities and what Robert Kennedy once described as "that which makes life worthwhile." But if GDP is so flawed, why do we still rely on it?

We hope you're enjoying Project Syndicate.

To continue reading, subscribe now.

Subscribe

or

Register for FREE to access two premium articles per month.

Register

https://prosyn.org/HEZAviJ;

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.