Why economists worry about the wrong things
David Pilling |
TEDxSouthampton
• May 2018
For years, experts have judged the success of our economies by a single measure: Gross Domestic Product. But, invented in the manufacturing age at a time of Depression and war, GDP is no longer up to the task of telling us what makes our modern economies and societies tick. In this fascinating and humorous talk, David Piling, a Financial Times journalist explains why economists have sent us down a wrong path and how we can get back on track.