Discover and read the best of Twitter Threads about #economicgrowth

Most recents (2)

There is severe confusion about the meaning of #economicgrowth. Many seem to mistakenly think that it has to do with #GDP or producing stuff. It does not. Economic growth means that an economy's ability to satisfy people's wants, whatever they are--that is, to produce wellbeing--
increases. GDP is a rather terrible way of capturing this using [public] statistics, and is thus corrupted by those benefitting from corrupting such figures. GDP is not growth. Likewise, having more stuff in stores isn't growth. Producing increasing quantities of stuff that
nobody is willing to buy is the very opposite of economic growth: it is wasting our limited productive capacity. But note the word 'willing'. Wellbeing is not about [objective] needs, but about being able to escape felt uneasiness. It can turn out to be right or wrong, but that's
Read 24 tweets
"#ChuckAndNancy" #LimousineLiberals #Politics -- #DemExit #EPluribusUnum

Genevieve Wood: Schumer Shutdown Makes Clear Democrats’ Real Priorities
dailysignal.com/2018/01/21/sch…

#SchumerShutdown | #tcot #PJNET
#LimousineLiberals #Soros #SJW #Antifa #LiberalFascism -- #DemExit #EPluribusUnum

Antifa Member in Custody After Hospitalizing 56 Year Old Outside ‘Night For Freedom’ Event
breitbart.com/tech/2018/01/2…
| #tcot #PJNET
Read 107 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!