Appropriate metric of what? It is a measure of how many resources can be taken away from someone that year.
But it is not of where the 1/3rd of GDP that goes as returns to capital is being paid, which is the topic of this post.
Agree with that. I should have been clear that I think your post is one of the cases where looking at wealth works pretty well.
Appropriate metric of what? It is a measure of how many resources can be taken away from someone that year.
But it is not of where the 1/3rd of GDP that goes as returns to capital is being paid, which is the topic of this post.
Agree with that. I should have been clear that I think your post is one of the cases where looking at wealth works pretty well.