We measure the status of our society through the calculation of GDP. The problem is GDP is counted using a calculator that only adds. Costs and benefits are tallied without discriminating between productive and destructive activities, so if a county’s crime crime rate increases, its GDP rises through a stimulus of anti-crime spending. If you take a look at this alternative measure, you’ll see exactly what’s wrong with using GDP to measure the health of the global economy.
Why GDP doesn’t provide an accurate depiction of the global economy
More of Today's Solutions
Okra and fenugreek extracts remove up to 90 percent of microplastics from water
BY THE OPTIMIST DAILY EDITORIAL TEAM The slimy and sticky qualities that make okra divisive on dinner plates might just help clean our water. ...
Read MoreHow to plan the perfect summer break: balance connection, adventure, and true...
BY THE OPTIMIST DAILY EDITORIAL TEAM Summer is prime time for pressing pause. Between sunny skies and school breaks, it’s the season when many ...
Read MoreHow to cook your veggies to boost their anti-inflammatory powers
Every year the cold winter weather doesn’t only put frost on the grass, it also brings an increased chance of getting sick. And that’s ...
Read MoreIndians recently planted 250 million trees—while socially distancing
India is committed to keeping a third of its total land area under forest and tree cover. In recent years the country has mobilized ...
Read More
