Posts Tagged ‘GDP’

  • The Best Places to Start a Business

    Jan 1, 10 • 155 Views • Thinking EconomicallyNo Comments

    Timothy Taylor, in his Teaching Company course, “America and the New Global Economy,” says that Mahatma Gandhi wanted farms and businesses to remain small so that there would be no exploitation. After Gandhi, the business climate remained

  • The GDP and Measuring Happiness

    Dec 30, 09 • 135 Views • Thinking EconomicallyNo Comments

    Ed Koch, when he was NYC

  • Measuring Happiness

    Dec 29, 09 • 252 Views • Thinking EconomicallyNo Comments

    On September 27, I questioned whether anyone could develop a better measure of well-being than the GDP even when Dr. Stiglitz’s commission suggested the possibility. Perhaps confirming the challenge, several lists of state happiness levels were recently

  • A Stimulating Idea From China

    Dec 17, 09 • 186 Views • Thinking EconomicallyNo Comments

    The place is Inner Mongolia. The city is Ordos. Actually, within 18 miles, there are two Ordos. One looks like a normal city. Built with stimulus money, the second Ordos looks complete except for one detail; there are no people. The apartments are empty, the

  • Challenging the GDP

    Sep 27, 09 • 181 Views • Thinking EconomicallyNo Comments

    Articles describing Dr. Stiglitz’s conclusions about the weaknesses of the GDP omit one key piece of information. Can an equally objective statistic replace it? When Simon Kuznets developed the GDP concept during the 1930s, he selected quantifiable