Twelve years ago today my ENT called saying a pathologist confirmed I had a squamous cell carcinoma. Days later my oncologist gave me a 45% chance of surviving five years. And yet I am still here, ...
GDP was not designed to assess welfare or the well being of citizens. It was designed to measure production capacity and economic growth. Yet policymakers and economists often treat GDP as an ...
Last month, columnist Jonah Goldberg argued the U.S. economy “is doing amazingly well,” principally on the basis of our large and expanding gross domestic product. However, is GDP (or for that matter, ...
Interested in these topics? Check out my new book and free online course. The famous Exxon Valdez oil spill of 1989 had a disastrous effect on the local people and wildlife. According to the best ...
Economic growth has raised living standards around the world. However, modern economies have lost sight of the fact that the standard metric of economic growth, gross domestic product (GDP), merely ...