Sqrl on 06 November 2009
| HappySqurriel said: As an example, you can’t have increased GDP per capita without seeing an increase in true-productivity of the average individual within the economy. |
Actually through some of the statistical trickery they pull you can. Hedonics alone can produce this phenomenon in at least 2 ways.
Speaking in terms of the actual GDP you are correct, but in terms of the statistics reported by the government and some of the crap they pull you actually can see increased per-capita GDP without any real productivity gained at all on any level.
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| To Each Man, Responsibility |
