Technology and measuring growth and impact

Tim Worstall

Put these two together and thus my claim in the headline. We can see in our own lives that things are getting better at an ever increasing rate. We can continually do more for less outlay. That that’s not reflected in the GDP numbers is a fault with the GDP numbers, not a fault with economic growth. Those Good Old Days of economic growth are right now.

How does social innovation happen in this context and how do you measure it?

If a child is having a good childhood, a baby boomer is caring without depression and a disabled person can now learn anything they want where will the statistics come up. And how much role will technology play?


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