Economic Activity: An Obsession With An Illusion Of Prosperity.
Its the economy stupid. Voters want the best economic outcome, but by measuring the economy using ‘Economic Activity’, governments can effectively cheat the public.
In many western societies, instead of maximum prosperity, governments often pursue maximum economic activity, which benefits big business and governments, but can result in an economy which in theory is going well, while at the same time individuals fall behind. This is the kind of economic policy makes frustrated voters turn to Trump and Brexit.