#98: GDP & Measuring Growth

⚡️⚡️⚡️  Black Friday Sale ⚡️⚡️⚡️Special link: https://bit.ly/BlackFridayELFCM25💰  Save 20% AND unlock €500 in English-learning challenges⏳  Limited availability⏱  Ends 23:59, Sunday, November 30th---“It measures everything in short, except that which makes life worthwhile.” - Robert KennedyIt's the number that world leaders constantly talk about, using it as proof of what a great job they are doing.But what does it actually mean? What does it tell us, and what doesn't it tell us? And what would happen if we stopped using it altogether?Measuring growth in historySimon Kuznets & the invention of GDPJohn Maynard Keynes & popularising GDP after WWIIHow to calculate GDPWhy GDP started being used & when it was usefulCriticism of GDP #1: What is (and isn't) counted as part of GDPCriticism of GDP #2: Positive and negative contributions to GDPCriticism of GDP #3: Unpaid work & GDPGDP per capita as a measure of 'how well we are doing'Is all consumption good?Bhutan & measuring happinessAlternative #1: The Human Development IndexAlternative #2: The Human Capital IndexAlternative #3: The Genuine Progress IndexAbandoning measuring GDP altogether?Full interactive transcript and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/gdpJoin the conversation:instagram.com/leonardoenglishappfb.me/leonardoenglishappJoin the Leonardo English community: community.leonardoenglish.com** More about Leonardo English and the English for Curious Minds podcast **Learning English shouldn't be boring. It should open your mind.English Learning for Curious Minds is a podcast aimed at intermediate level English speakers and above, where listeners learn fascinating things about the world while learning English.There's no small-talk, no boring grammar exercises or vocabulary drills.You'll learn English by listening, by hearing real conversations and real English, spoken by native speakers, and at a speed you can understand.You can become a member of Leonardo English and get access to every podcast, transcripts, key vocabulary, an exclusive community, and be able to participate in members-only live sessions.Discover a more interesting way to improve your English at leonardoenglish.com/subscribe ---You might like:🖤 Black Friday Sale (20% off AND €500 in English-learning challenges) ⚡️  How To Use Podcasts Like A Boss To Learn English📧 Join the weekly newsletter---Keywords: Learn English, vocabulary, lessons, idioms, aprende inglés, idiomas, aprender inglês, apprendre l'anglais, imparare l’inglese, ingilizce öğren,英語を習う, تعلم الإنجليزية

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