Gross domestic problem

Gross domestic problem

by Lorenzo Fioramonti

Part of Economic controversies

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About
Gross domestic product is one of the best known and most powerful statistics in the contemporary world. It drives government policy on a variety of vital areas, from health to education. Yet perhaps for the first time since its invention in the 1930s, a wide range of people regard this icon of economic growth as a problem. Gross Domestic Problem unpacks GDP, what it measures, what it doesn't, and why, and reveals the powerful politics that have allowed it to dominate today's economies.

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