Part 1/11:
Rethinking Economic Metrics: Beyond GDP and Toward a Fairer Future
Gross domestic product (GDP) has long been the standard measure of a nation's economic health. It quantifies the market value of all final goods and services produced within a country over a specific period, serving as a key indicator for policymakers, investors, and economists. However, recent insights from economist Rutger Bregman, notably in his book Utopia for Realists, challenge the very foundation and utility of GDP as a measure of social progress and well-being.