Posts by admin
26
Apr
Jeffery S.
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admin
et al. “Economic Freedom and the Motivation to Engage in Entrepreneurial Action.” Entrepreneurship: Theory and Practice
26
Apr
26
Apr
the sources provide a review of why the GDP should not be used to determine the economic welfare of a country. They also include a detailed presentation of the alternatives available for Australia in terms of determining how well the economy is doing. Although some of the sources are in agreement regarding the importance of the GDP as a measure of economic welfare
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disagreements emerge in the arguments regarding whether it should be used in Australia and whether there are more deserving and inclusi...
26
Apr
26
Apr
Aitken (2019) sees the GDP as a misused concept and advocates for the inclusion of critical indicators that indicate the wellbeing of a society including income per households and the environment. There is a general lack of consensus amongst these authors regarding the best way to supplement the use of GDP in measuring progress
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but all agree on the need to explore alternative measures. By contrast
26
Apr