I would go one level deeper to GDP per hour worked. If GDP remained the same but hours worked fell by half, you would probably be twice as happy. At least you would have much more time to devote to other activities.
Absolutely loved this essay!! You couldn't have further stressed the importance of economic growth that drives long term prosperity for the society and mankind.
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I would go one level deeper to GDP per hour worked. If GDP remained the same but hours worked fell by half, you would probably be twice as happy. At least you would have much more time to devote to other activities.
That's a good point. There are so many ways to approach this question and the outcome is largely the same; material progress is a net positives.
Absolutely loved this essay!! You couldn't have further stressed the importance of economic growth that drives long term prosperity for the society and mankind.
How did you make “You may also like.....” ? I am looking for something like that 😊
Just paste a link from a related substack piece. It will paste a large preview instead of a hyperlink. Then click the box on the upper right from that preview and select the smaller version.