Reposted by @kpetty.bsky.social
It's the same reason per capita GDP comparisons between Canada and the US are so bogus. Super-profits of US tech oligopolies certainly lift US GDP & apparent productivity. Yet the median Canadian has more income & wealth, better health, and lives longer. centreforfuturework.ca/2025/05/06/p...
centreforfuturework.ca
Per Capita GDP is a Deeply Flawed Measure of Economic Performance and Living Standards - Centre for Future Work
During the recent federal election, some business and political commentators used data regarding Canada’s relative performance in growing its “GDP per capita” to argue that Canadians have experienced ...
