Mmastodon ScienceBiology first seen 5 d ago, last 5 d ago, peak #2

Economist William Nordhaus criticised over GDP remarks on agriculture

Original: @ PeteKirkham @ TimWardCam @ Natasha_Jay This reminds of economist # WilliamNordhaus who said we don't need to care abou

Economist William Nordhaus is being criticised on social media for reportedly arguing that agriculture does not need attention because it accounts for only around 3 percent of US GDP. Critics say the argument ignores basic facts of biology: people must eat regardless of agriculture's share of the economy, and GDP measures are a poor proxy for what is essential to human survival.

Why now: Critics are pushing back against using GDP shares to dismiss sectors essential to human survival.

William NordhausUnited StatesagricultureGDP

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• @ PeteKirkham @ TimWardCam @ Natasha_Jay This reminds of economist # WilliamNordhaus who said we don't need to care about # agriculture , because it's only 3 % of the (US) # GDP : It leaves out basic facts of # biology . Just as we humans need to eat something, # physicians… · lerk@social.tchncs.de · 2

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