The Empire of Value: A New Foundation for Economics
- Book
- May 30, 2014
- #Economics
An argument that conceiving of economic value as a social force makes it possible to develop a new and more powerful theory of market behavior.
With the advent of the 2007-2008 fin...
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Number of Pages: 350
ISBN: 026202697X
ISBN-13: 9780262026970
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David Perell @david_perell
·
Apr 3, 2020
'm torn about the value of Gross Domestic Product (GDP) as a metric. On one hand, it's highly correlated with happiness indices, and people like Tyler Cowen have gracefully argued that we should pursue a strategy of maximizing sustainable GDP, with a low discount rate on the future.