#98: GDP & Measuring Growth
23:03 Share

** **

“It measures everything in short, except that which makes life worthwhile.” - Robert Kennedy

It'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 history
• Simon Kuznets & the invention of GDP
• John Maynard Keynes & popularising GDP after WWII
• How to calculate GDP
• Why GDP started being used & when it was useful
• Criticism of GDP #1: What is (and isn't) counted as part of GDP
• Criticism of GDP #2: Positive and negative contributions to GDP
• Criticism of GDP #3: Unpaid work & GDP
• GDP per capita as a measure of 'how well we are doing'
• Is all consumption good?
• Bhutan & measuring happiness
• Alternative #1: The Human Development Index
• Alternative #2: The Human Capital Index
• Alternative #3: The Genuine Progress Index
• Abandoning measuring GDP altogether?

Full interactive transcript and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/gdp)

Join the conversation:

• instagram.com/leonardoenglishapp)
• fb.me/leonardoenglishapp)
• Join 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:

🔓 Unlock bonus episodes, interactive transcripts, subtitles & vocabulary lists)****

📹 A look inside Leonardo English membership)****

🧑‍💼 Demystifying Business English Course)****

**⚡️  How To Use Podcasts Like A Boss To Learn English) **

📧 Join the weekly newsletter)****

✍️ Free English Grammar Checker)****---

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