GDP PPP per capita is better measure of quality of life.
it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.
[1] https://markets.businessinsider.com/news/stocks/stock-market...
alt Hacker News
it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.
[1] https://markets.businessinsider.com/news/stocks/stock-market...