Submitted by amradoofamash t3_127j1cy in explainlikeimfive
[deleted] t1_jeet9fb wrote
Reply to comment by WhoIsJohnSnow in ELI5: what is the GDP of a country by amradoofamash
[deleted]
WhoIsJohnSnow t1_jeetse4 wrote
I did not claim that Smith invented GDP. Nor did I claim that GDP measures wealth. However, Smith did popularize the notion that production / activity is what makes some countries wealthier than others over the long run.
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