Debating GDP Dogma With An Economist

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Re: Debating GDP Dogma With An Economist

Postby Jonathan Nitzan » Fri Apr 05, 2019 11:17 am

AWUGDU

The correct acronym for 'real GDP' should be AWUGDU -- pronounced 'a-woogdoo' -- for 'Arbitrarily Weighed Unquantifiable Gross Domestic Utility'.
Jonathan Nitzan
 
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Re: Debating GDP Dogma With An Economist

Postby Ikonoclast » Wed Apr 10, 2019 2:27 am

I like it. One question, should it be "weighted" and not "weighed"? As in;

'Arbitrarily Weighted Unquantifiable Gross Domestic Utility'.

But then I might be wrong. I can see it working both ways as a term.
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Re: Debating GDP Dogma With An Economist

Postby Jonathan Nitzan » Wed Apr 10, 2019 5:00 pm

AWUGDOU

Ikonoclast:
One question, should it be "weighted" and not "weighed"? As in 'Arbitrarily Weighted Unquantifiable Gross Domestic Utility'.

Yes, you are right: it should be 'weighted' rather than 'weighed'.
Jonathan Nitzan
 
Posts: 70
Joined: Sat Dec 06, 2008 2:39 pm

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