GDP growth — is it “good enough” or does it distort policymaking? (Carol Graham, Brookings)

Today, standard benchmarks of progress, productivity, job quality, and democracy are being upended. Income-based measures such as gross domestic product (GDP) served us well for decades, yet when GDP counts pollutant-generating economic activity on the positive side of the balance sheet, or when it fails to measure unpaid labor activity, it falls short. This is especially worrying given that we live in a world wracked by social inequities.

https://www.brookings.edu/research/gdp-growth-is-it-good-enough-or-does-it-distort-policymaking/