But despite its limitations, GDP is still the most widely-used measure for most government decisions and international comparisons.

In February 2020, World Economic Forum (WEF) published an article by Austin Clemens Manager, Washington Center for Equitable Growth titled, ‘GDP is outdated, here are the alternatives’.

Another limitation of GDP/GNP as success measures is that they don’t reflect debts incurred to juice economic activity. Recently, economic growth has come at a huge cost, in terms of federal ...

But despite its limitations, GDP is still the most widely-used measure for most government decisions and international comparisons. Follow the rise of Aubrey Gordon whose aim is to promote a ...