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Emeritus Prof Christopher May

@GeofCox @urlyman @BillySmith @ApostateEnglishman

Yes, GDP really is not fit for (contemporary) purpose, and even when suggesting are made for re-working it, these suffer from the problem that as a global measure (albeit done a bit differently in different countries), getting agreement on na substantive globally comparative shift would be just about impossible.... but the ONS is giving it a go in any case... see:

northwestbylines.co.uk/politic

North West Bylines | Powerful Citizen Journalism · Rethinking how we measure economic activityThe Office of National Statistics has announced an alternative to GDP; Christopher May assesses the value of the new economic metric