For the longest time, until very recently, in fact, I did not accept that GDP per capita meant much outside of material wealth. I assumed, as many do, that past a certain point, no further betterment can be “bought” without improving nonmaterial wealth (education, health…etc.)
As I explored later on, however, I found my assumption to be (mostly) wrong. GDP per capita is a highly flawed but still useful measure of non-material well-being and general human capability.
For the longest time, until very recently, in fact, I did not accept that GDP per capita meant much outside of material wealth. I assumed, as many do, that past a certain point, no further betterment can be “bought” without improving nonmaterial wealth (education, health…etc.)
As I explored later on, however, I found my assumption to be (mostly) wrong. GDP per capita is a highly flawed but still useful measure of non-material well-being and general human capability.