Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...
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How to Calculate the GDP of a Country
The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...
Here's a striking chart, from a 2014 Journal of Economic Perspectives article 1520464250646 by Brookings Institution economists Martin Neil Baily and Barry P. Bosworth on the state of manufacturing in ...
The chorus decrying the shortcomings of Gross Domestic Product (GDP) as a measure of economic well-being has been rising, crescendoing recently with the release of the report by Nobel Laureates Joseph ...
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