No wonder Vox has problems with economics:

GDP measures the transactions within an economy — all the occasions when money changes hands in exchange for goods and services. It’s not wealth, but it’s one of the primary ways we measure wealth.

It’s not wealth, it’s income – it’s the whatever over a period of time as a flow, not a stock. It’s also not transactions. We deliberately and specifically back out intermediate transactions to leave us with only final production, or final incomes, or final consumption.


Still, at least she puts the boot into Jason Hickel which is a good thing.

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