Motley Fool Money · Friday, July 17, 2026
The hosts delve into the definition of 'the economy,' arguing that it should be understood as a means to improve people's lives rather than a focus on abstract metrics like GDP. They suggest that economic policy should prioritize individual well-being and comfort.
“Because I feel as though we've forgotten what the economy, what we actually mean by that. And what you mean by that, if I can put words in your mouth, is just like, we want a more comfortable life.”
“But it's about managing those two things. And so, yes, I just, I got to jump on my my hobby horse very quickly and say yes, it is about the economy, but let's just be real, and what. It is not about trying to make GDP go up.”
“But I think it's a really, really important point you make, mate. And it's it's one that we, when I talk about the economy, I'm not talking about the sum total of these things, not not some top-down aggregate number that matters more than than the actual experience of individual people.”