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NOTHING IS PERMANENT EXCEPT CHANGE

http://cafef.vn/vi-mo-dau-tu/phu-phiem-nhu-gdp-2013120417003856016.chn

https://thoibaokinhdoanh.vn/viet-nam/gni-phan-anh-thuc-chat-gia-tri-dat-nuoc-duoc-huong-1037466.html

https://theleader.vn/ts-bui-trinh-con-lao-vao-tang-truong-gdp-dat-nuoc-se-ngay-cang-no-nan-20171108134228274.htm

Over eight decades after its introduction, there is a widespread consensus that GDP is no longer a useful measure of economic progress. Its successor will need to be compelling and tell a persuasive story, consistent with experience, of what is happening in our economies.

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“Optimism is the engine of capitalism,” Dr Kahneman said. “Overconfidence is a curse. It’s a curse and a blessing. The people who make great things, if you look back, they were overconfident and optimistic – overconfident optimists. They take big risks because they underestimate how big the risks are.” But by studying only the success […]

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