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video UK · 19 March 2023

Does GDP Matter to Ordinary People?

This video argues that GDP growth does not necessarily equate to improved lives for ordinary people, citing examples of increased working hours and financial insecurity despite rising GDP. It criticises economists for focusing on narrow metrics and being out of touch with the realities faced by most, advocating for a broader understanding of economic well-being.

By Gary Stevenson

Mentions George Osborne, Andrew Bailey

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Arguments in this video