The State of Things on WUNC

New Economic Measurement Highlights North Carolina's Growing Wealth Gap


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The inventor of gross domestic product — the sum of all goods and services of a particular nation — warned that it was not a good measurement of human welfare. Yet, since the 1940s, the single number has dominated policy recommendations, despite those foundational shortcomings. A recent report highlights the economic contributions and costs that GDP fails to take into account. “Economic Well-being in North Carolina” uses state and federal data to account for the hidden cost of water pollution or
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The State of Things on WUNCBy North Carolina Public Radio - WUNC

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