me: > [no matter how it's corrected, GDP will continue to measure > exchange-value but not use-value.]
Shane Mage wrote: > That's true of *nominal* GDP. But "real" GDP purports to measure use-value.< it purports to, but it doesn't really. More accurately, its those who see raising real GDP as a goal who see it as somehow measuring "human welfare" (i.e., use-value). GDP itself doesn't "purport" to do anything. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
