Time to fix GDP (BNP) ?
Het Bruto Nationaal Product (BNP) is een economische meetmethode die is opgehangen aan een productie-gebaseerde economie. Een moderne economie is echter service-gebaseerd. Hoe nu?
Economists paint themselves as the ‘scientists of progress’ , but reliance on GDP as a measure of economics progress fails to take into account that the economy is no longer production-based but is instead a service economy. Diane Coyle of Cambridge University talks about a new paper with Leonard Nakamura, which proposes a better metric built around how people use their time. The paper is available here:
Publicatie 2 mei