Articles on Gross Domestic Product

This article explains the fallacy behind the idea that GDP must always rise. The article exposes how this concept is impossible and unsustainable and why it leads to dire consequences in the long term.

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This article lists down the basic reasons which make GDP a flawed metric to measure the quality and quantity of economic activity within a given country.

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This article explains how the GDP system completely ignores the national debt being raised by the governments. It also explains how increasing national debt creates a state of inequality and leads to economic crisis in any nation.

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This article explains how short term excessive borrowing creates a debt spiral for nations. It also explains how the most developed nations in the world are also in a debt spiral today.

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This article provides an introduction to the concept of the components of GDP. It explains the logic behind these components and how they help in analysis and predicting the future of an economy.

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This article lists down the alarming challenges that are being faced in the field of environmental sciences. It then also conducts an analysis to pinpoint how GDP system is responsible for this crisis.

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This article exposes the fallacy that natural disasters are good for the economy. It also explains how the GDP system takes a lopsided view of the situation to arrive at this conclusion.

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This article explains in detail as to why the fallacy that terrorism can be beneficial to the economy is indeed a fallacy.

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This article explains in detail why war is bad for the economy. It also explains how certain corporations gain in war at the expense of the general population.

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This article explains the Gross Happiness Index. This is an alternate economic metric which is being adopted by countries all over the world as an alternate to the GDP system.

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This article explains the concept of Green GDP. It explains what is and what isn’t included in the Green GDP and the challenges facing the Green GDP.

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This article explains how the GDP system’s focus on instant gratification and perpetual growth creates a scenario wherein the economy stops being economical!

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This article provides a fresh look at India China debate. It explains how the Chinese economy is vastly superior at present. However, it also explains the reasons why Indian economy is likely to overtake them in the future.

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This article examines the idea or the concept known as Universal Basic Income or UBI that envisages providing a basic income to all citizens to protect them and shield them from poverty and joblessness. Though UBI as a concept has received traction in recent years worldwide and in recent months, in India as well, there are both critics and supporters who argue the pros and cons of such a policy. These are some of the key themes that are discussed in this article.

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This article explains the concept of family size and how it is related to economics. It describes the economic impacts of different types of families to demonstrate how some types of families are more likely than others to succeed in life.

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