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GDP measurements: Undercounting services & quality in favour of goods & quantity needs a fix
Jason Furman, former head of Obama's council of economic advisers, wryly notes that US GDP fell at 0.3% in Q1 going by the traditional quarter-over-quarter US methodology. Whereas his own preferred ...
In a review of Diane Coyle’s GDP: A Brief but Affectionate History, aptly titled “Measuring the Unmeasurable,” James Grant highlights many of the difficulties involved in aggregate statistical ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...
A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...
It's Pariksha Pe Charcha season - that annual reminder to parents not to turn board exams into a national emergency. Marks hide a lot: stress, health issues, mental pressure, sometimes even shortcuts.
Government Comes After Costco, Walmart, and Sam’s Club’s Business Model Why Corporate America Is Coming Home to the Heartland A Bad Order for Rail The Tariff Game AI’s Overblown Threat to College ...
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