Understanding the Unpaid Economy – Price Waterhouse Cooper

Why is it that a mother caring for her children produces no ‘measured’ economic value, but the same mother hiring others to look after her children does? The answer stems from our narrow measurements of ‘economic activity’, which currently only captures activities for which people are paid. Unpaid work is excluded but we intuitively know … [Read More] Understanding the Unpaid Economy – Price Waterhouse Cooper

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