Why GDP is a worthless measure of economic output
(media.scored.co)
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Here's a proposed alternative: the ratio of total money earned by families to government benefit paid to families.
Super easy to collect and calculate and shows whether people are actually doing well vs needing to be cared for, plus it automatically adjusts for inflation.
I propose a radical shift in measure of economic output.
GDP (PPP adjusted) multiplied by the square root of the median number of times per year that a working aged man has had sex with a woman equal to or lesser than his BMI score without paying for it.
Now, I know you're thinking this is irrelevant but in actuality I think we'd see a significant alignment with regards to the QUALITY of economic output when said median is higher but having a higher number will likely reduce absolute value of GDP (hence why you need to multiply it). The overall metric with the multiplication will be a much better measure of economic output to cross compare between countries.