The world's principal measure of the health of economies is gross domestic product, or GDP:
the sum of what all of us spend every day, from the contents of our weekly shopping to large …

In one lifetime, GDP, or Gross Domestic Product, has ballooned from a narrow economic tool
into a global article of faith. As The Little Big Number demonstrates, this spells trouble. While …

How GDP came to rule our lives—and why it needs to change Why did the size of the US
economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent …

Gross domestic product (GDP) is the most powerful statistical figure in human history. No
other indicator has ever had such an impact. At first glance, GDP is simply the measure of a …

George Orwell really did see it coming." As soon as certain topics are raised," he wrote," the
concrete melts into the abstract." Nowhere does it melt more quickly than in economics …

Whatever you may think progress looks like—a rebounding stock market, a new house, a
good raise—the governments of the world have long held the view that only one statistic, the …

Gross domestic product is arguably the best-known statistic in the contemporary world, and
certainly amongst the most powerful. It drives government policy and sets priorities in a …

The “GDP Illusion” is a fault in perception caused by defects in the construction and
interpretation of standard economic data. Its main symptom is a systematic underestimation …

Currently on the horizon are 5 economic thrusts that will dominate jobs, economic output,
and GDP. Surprisingly, each of these" economic linchpins" has been developing and …

As the 20th century drew to a dose, the US Department of Commerce embarked on a review
of its achievements. At the conclusion of this review, the Department named the …