Hello, Welcome to Known Unknowns, a newsletter that likes objective metrics—even if they turn out to be wrong--that's the point. Chile forces economists to question what it’s all about The most effective way to increase the odds of a good outcome is to set a clear, well-defined, and measurable goal. When it comes to development (or any kind of) economics, the goal has traditionally been increasing things like GDP per capita or alleviating poverty. By these standards, mainstream economics have done quite well in the last 60 years. But the protests in Chile makes one question if higher living standards is enough.
Known Unknowns
Known Unknowns
Known Unknowns
Hello, Welcome to Known Unknowns, a newsletter that likes objective metrics—even if they turn out to be wrong--that's the point. Chile forces economists to question what it’s all about The most effective way to increase the odds of a good outcome is to set a clear, well-defined, and measurable goal. When it comes to development (or any kind of) economics, the goal has traditionally been increasing things like GDP per capita or alleviating poverty. By these standards, mainstream economics have done quite well in the last 60 years. But the protests in Chile makes one question if higher living standards is enough.