"Economists also generally ignore the value of non-market activity, like unpaid work. By one estimate, including unpaid work in American GDP in 2010 would have raised its value by 26% (and drawn a very different picture of the contributions of different demographic groups). "
economist.com/news/finance-and-economics/21741563-fourth-our-series-professions-shortcomings-economists-focus-too
The Economist on the failures of economists Show more
@KnotKnormal thanks for pointing that out. Complete link below
https://www.economist.com/news/finance-and-economics/21741563-fourth-our-series-professions-shortcomings-economists-focus-too