Posts Tagged ‘GDP’

  • GDP...16843_5.2_9209625-gdp

    Do You Like the GDP?

    Nov 28, 12 • 424 Views • No Comments

    Having just come across the “Better Life Index,” I started thinking about Ed Koch, a former mayor of NYC who often asked everyone, “How am I doing?” Here are some thoughts about how to measure how well we are doing. The GDP:......  [read more]

  • The Impact of Natural Disasters Relates to Economic Vulnerability

    The Economics of Natural Disasters

    Oct 31, 12 • 1044 Views • No Comments

    With Hurricane Sandy having just blown through my NJ neighborhood, our streets are covered with wires, leaves, branches and several huge trees. During the storm, Consolidated Edison darkened large swaths of NYC and the New York Stock Exchange suspended......  [read more]

  • GDP...16843_5.2_9209625-gdp

    Unemployment and Economic Growth

    Oct 30, 12 • 477 Views • No Comments

    If anyone ever asks you why economic growth is important, I suggest showing them the following graph from the Washington Post. The goal of the graph is to show how our economy’s actual output, its potential output and unemployment are connected. During......  [read more]

  • How much should cities plan for the storm of the century?

    Storm Warnings

    Oct 28, 12 • 351 Views • No Comments

    Some thoughts today about predicting natural disasters. Weeks before 308 people perished in L’Aquila from an earthquake, a government commission proclaimed the chance was slim that a disaster would occur. It did happen and now, the 6 scientists and......  [read more]

  • Invention, Profit and Economic Growth

    The Real Mother of Invention

    Oct 21, 12 • 802 Views • No Comments

    Saying that profit, not necessity is the mother of invention, economic historian John Steele Gordon starts his column in this week’s Barrons. His focus was the 18th century clipper ships that earned people like John Jacob Astor $50,000 for a single......  [read more]