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
3 simple ways to promote longevity in your body
On a podcast from MindBodyGreen, Harvard geneticist David Sinclair explained that what drives the aging process is the lack of stress our bodies experience. ...
Read MoreMastering workplace conflict: how to handle tense conversations with confidence
BY THE OPTIMIST DAILY EDITORIAL TEAM Workplace conflict is inevitable, but it does not have to be destructive. Whether you are gearing up for ...
Read MoreHow to stay safe during extreme rainfall and flooding: expert tips to prepare...
BY THE OPTIMIST DAILY EDITORIAL TEAM When it comes to extreme weather, preparation is everything. With climate change driving more frequent and intense storms, ...
Read MoreKenya on track for universal electricity access by 2030, powered by clean ene...
BY THE OPTIMIST DAILY EDITORIAL TEAM In a decade, Kenya has more than doubled its electricity access rate — rising from just 37 percent ...
Read More
