(often referenced in economic documents near page or section "347"), here is a structured draft you can use:
Episode 347 argues that "extra quality" is most vital where it is hardest to measure. In education, healthcare, and digital services, the output is not a physical widget but an outcome. By introducing the metric of extra quality, economists can begin to distinguish between "cost-push inflation" (paying more for the same) and "quality-driven growth" (paying the same for better outcomes). This distinction is crucial for policymakers; misinterpreting quality improvements as inflation could lead to erroneous interest rate hikes that stifle innovation. gdp ep 347 extra quality