Hacker News new | past | comments | ask | show | jobs | submit login

But why should growth of the growing GDP should be the target? I don't think that anyone believes that the GDP growth can increase every year. But you can reasonably assume that it can grow every year



I think his point is that, for example, a flat 2% yearly GDP growth is a yearly increase in absolute growth due to compounding, and most economists absolutely do believe that's possible somewhat indefinitely (with significant historical basis for that belief).




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: