The phrase refers to a conceptual discussion around the limitations of traditional economic metrics, often attributed to modern data thinkers or policy practitioners like Devan Weathers. While Gross Domestic Product (GDP) has long been the primary scorecard for a nation’s health, recent economic discourse emphasizes that it may not capture the full picture of a society's well-being. The Role of GDP in Modern Economics
Devan Weathers is a vital voice in the movement to modernize economics. He successfully challenges the assumption that a rising tide lifts all boats, proving that if the tide is measured only by GDP, many boats may actually be sinking. devan weathers gdp