12 min listen
#98: GDP & Measuring Growth
ratings:
Length:
23 minutes
Released:
Oct 16, 2020
Format:
Podcast episode
Description
“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 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 transcript and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/gdpJoin 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
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 transcript and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/gdpJoin 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
Released:
Oct 16, 2020
Format:
Podcast episode
Titles in the series (100)
#3: The Most Amazing Prison Escapes in History: In today's episode we take a look at 5 of the most amazing prison escapes in history. We'll travel to South Korea, Mexico, Germany, and the US, and discover some of the ingenious ways in which prisoners evaded their guards. Full transcript, key voc by English Learning for Curious Minds