Creative destruction can apply to economic concepts as well. And this downturn offers an excellent opportunity to get rid of one that has long outlived its usefulness: gross domestic product. G.D.P. is one measure of national income, of how much wealth Americans make, and it’s a deeply foolish indicator of how the economy is doing. It ought to join buggy.

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Quote text and notes from Wikiquote: Eric Zencey (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.