Quote by Rowan D. Williams
Economists are coming to acknowledge that measures of national wealth and poverty in terms strictly of average income tell you little that is significant of the health or viability of a society.
Summary
This quote suggests that economists have started recognizing the limitations of using average income as the sole measure of national wealth and poverty. It highlights the idea that average income does not provide significant insights into the overall well-being or sustainability of a society. The quote implies that there are other crucial factors that need to be considered to fully understand the economic health of a nation. It acknowledges a growing realization among economists that a more comprehensive approach is required to evaluate and gauge the true state of a society.
Topics
Health
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