Development workers constantly gnash their teeth over whether their work has any effect. But they’re faced with a fundamental problem: In undeveloped countries, accurate economic data can be ...

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

Syria’s example illustrates the challenges of gathering good economic data during conflict. Two destroyed tanks in front of a mosque in Azaz, north of Aleppo. Photo taken in August 2012 by Christiaan ...

Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...

For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...

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 ...

For the best experience, please enable JavaScript in your browser settings. Kenya recently rebased its economy by adding certain sectors such as real estate and ICT ...

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 ...

As TSA Chaos Spreads, Some Airports Have Solved the Security-Screening Problem After 52 Years, Democrats’ Red Tape Unravels The Tariff Game Audio By Carbonatix Rather than scrapping a proven economic ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. You would think so. News bulletins still solemnly report the latest infinitesimal adjustments to ...