Oil spills, deforestation and divorce are all good for GDP, so why is it still the yardstick we use to measure an economy? The Prime Minister of Norway and leading economists explain the debate.
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The Economic Method
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A collection of articles that deal with the methodology of Economics and related disciplines
Curated by
Graham Watson
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A look at the nature of GDP, how it is calculated and how it falls short of measuring the real value of output generated by a 21st century economy. I suspect that this might end up being in my material on GDP next year.