The Stupidity of GDP per Capita
Type Ashton
@typeashtonAbout
Hi, I’m Dr. Ashton Schottler. A former teacher and architectural historian with a PhD in Human Geography…. You can say, I like studying communities and I do that by examining how humans across the globe have shaped them. And as someone who has lived, studied and worked in both the United States and in Germany, I especially love the juxtaposition of life that manifests itself from one country to another. From macro-economics down to micro-urbanism, I explore and explain the political economics, society, and culture that shapes the world around you…. And I share all of this through my personal lens of an immigrant navigating that world with you. Uncovering the storytelling behind the data, I hope to keep these topics accessible, easy to understand, and interesting… I hope you will be entertained, and maybe learn something along the way. Do you have a question worth diving into? Well, Type Ashton and let’s find out together.
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Video Description
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture (and is often grossly misused). So is there a better metric? Chapters: 00:00 Intro 01:43 What is GDP per capita? 03:58 What does GDP NOT tell us? 08:11 The most glaring issue 10:20 A better metric? 13:31 Hear me out.... *All Sources at End of Video to Read More* Recommended Viewing: REACTION: "Europeans Become Poorer As Americans Get Wealthier" by the Wall Street Journal by @TypeAshton https://youtu.be/nIm1eK-iXO8 Episode No. 174 📷 Follow me on Instagram: https://www.instagram.com/typeashton/ 🤳🏻 TikTok: https://www.tiktok.com/@typeashton 🖥 Website: https://www.blackforestfamily.com 📧 E-mail: [email protected] S𝗨𝗣𝗣𝗢𝗥𝗧 𝗠𝗘 👑 Patreon: https://www.patreon.com/TypeAshton Attribution: Music by Epidemic Sound: http://nebula.tv/epidemic Thank you to AP Archive and the Library of Congress for access to their archival footage. Stock footage and others clips by Getty and Envato Elements Narrated and produced by Dr. Ashton Schottler #gdp #economy #econ101 #economics #economia #europe #germany #france #unitedstates #unitedkingdom #italy #spain #globaleconomy #wealth #money #gdppercapita
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