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Old 06-30-2017, 01:59 PM   #263 (permalink)
jamesqf
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Quote:
Originally Posted by redpoint5 View Post
Perhaps a negative GDP growth rate is inevitable in the near future.
GDP is really the wrong way of thinking about things. For an example, say you have a choice between two things that do the same job at the same price. Buy the one that uses half as much energy to do it, and you reduce the GDP because of the energy not being produced and sold, but you haven't reduced your quality of life at all.

PS: But if you do want to think about GDP, here's a link to an article I just saw that estimates GDP change per US county: http://www.sciencemag.org/news/2017/...st-your-county

Last edited by jamesqf; 06-30-2017 at 02:04 PM..
 
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