2026-04-28 17:17 UTC
Replies (1)
-
@FishFace@piefed.social 2026-04-28 22:46
"Why is it OK to use a metric" is a weird question to ask. Why wouldn't it be OK? You could certainly try and take other things into account but... do you believe that the UK government does not consider any metrics except GDP when designing policy? Do you believe that voters don't consider any other outcomes when deciding whom to vote for? These are clearly not the case, and using several metrics together is equivalent to tweaking one metric to incorporate additional facts. The way we really see the particular example you picked is by comparing unpaid and *paid* childcare. So the government *could* subtract paid childcare from headline GDP statistics, on the assumption that what that actually pays for is something that would otherwise happen anyway without payment. But what would making this tweak achieve? Do you think people are out there pushing for an expansion to free childcare because it would make GDP figures go up? Because I think we push for that because it's the right thing to do for society. As for my example, I think if you thought a little bit you'd see how practical ways of measuring depression (such as numbers of diagnoses in the NHS) would be subject to the same perverse incentives you're talking about with how GDP is measured. You suggested some proxies for wellbeing. Let's take number of sick days: the perverse incentive there would be that the government might launch a crackdown on slackers taking sick days they don't need to make the numbers look better, even though that's bad for society. Maybe this isn't the kind of thing you're worried about with GDP, but then I don't really knwo what is.