Economists said altering gross domestic product, the broadest measure of goods and services produced in the US, could problematic.
Long-shot presidential candidate Andrew Yang wants to revamp the way the government measures the economy.
Yang argues such a measurement should also include a host of other factors: quality of life, life expectancy, happiness, mental health, inequality, student debt, national optimism, volunteerism, economic mobility and more. "It is important to get good measures of all these variables. In my view, however, it is futile to try to combine them with GDP into a single indicator," said Jeffrey Frankel, a professor at Harvard University's Kennedy School of Government and a research associate at the National Bureau of Economic Research.
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