Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.
Is GDP an Accurate Measure of Reality?
- September 9, 2024
- 0
- 29 Views
You Might Also Like
-
November 15, 2024
Caplan’s Errors on the UAE and Open Borders
-
November 15, 2024
“NAFTA Fever” and the Myth of Government-Created Free Markets
-
November 15, 2024
Price Inflation Accelerated in October Following the Fed’s Rate Cut