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Economics
Re: What's a proper measure of economic growth?
by
cbeast
on
16/12/2012, 01:42:07 UTC
Quote from: FreeMoney on December 16, 2012, 12:55:28 AM
Quote from: asdf on December 15, 2012, 10:29:31 PM
Quote from: Gatorhex on December 15, 2012, 03:07:14 PM
$Exports - $Imports = true economic growth
GDP is a propaganda statistic. Youtube "Fuzzy Numbers"
http://www.youtube.com/watch?v=zPkTItOXuN0
So the economic growth of the planet is 0?
No, it is negative since we spewed out all that expensive tech into space.
Yeah, ET imports might not be so good for the economy. They might take r joobs.