Considering Our Time: With Guest Nancy Folbre

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Considering Our Time: With Guest Nancy Folbre

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"Conventional measures of economic success don’t capture the experience of everyday life in the U.S. The stock market is booming, and Gross Domestic Product is trudging upward. But inflation remains endemic, and the cost of care services is going up even faster than the “cost of living” measured by the standard Consumer Price Index." -Nancy Folbre

What economic picture do we get when we ask questions about how people use all of their time, rather than just tracking dollars earned and spent? Guest Nancy Folbre is Professor Emerita of Economics at UMass Amherst and the author of Making Care Work: Why Our Economy Should Put People First. We discuss the limitations of using GDP to define the health of our economy and how we get very different pictures when we consider time use rather than earmed money alone.

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