Why do we measure our economy according to a metric that says so little about our well-being?
The news of the record shattering 33.1% annualized gross domestic product growth in the U.S. in the third quarter of 2020 seemed, to many people, like a farce. It’s not that the data — reflecting the rebound from an abysmal spring and summer — was technically wrong. It’s that it bore no rese
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