alt Hacker NewsI'm so glad I visit different countries to see what they are actually like so I don't get brainwashed into thinking GDP is anywhere near of good measure as people think it is.
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petterroea • yesterday at 7:46 PM
I moved to Japan and have taken what is now almost a 50% wage decrease on account of the collapsing yen, but my life quality easily doubled compared to Norway. For every year I stay, finances will be more painful if I move back. But permanent residency sure sounds a lot more attractive. YMMV if you're from more interesting places
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lysace • yesterday at 6:03 PM
Ah, yes, as you've figured out, the secret is that a lower GDP is actually better than a higher GDP. When Japan did (really) well economically, it was a literal hell to live in.
/s
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The case against GDP, by its own creator: https://gnhusa.org/gpi/the-case-against-gdp-made-by-its-own-...
It’s not that GDP is a poor measure, just that it is isolated as the only measure most policy is based on improving rather than being one metric in a portfolio of related metrics that balance technological progress, accumulation of wealth, and human thriving.
As Gary Stephenson rightly points out the culture of Economics in modern practice is not one of open query and scientific skepticism, but of proselytizing. More akin to a religion than a science.