Posts Tagged ‘GDP’

  • Data Consumption the the GDP

    A GDP Omission

    Dec 1, 13 • 458 Views • No Comments

    What to include in the GDP? When Nobel Laureate Simon Kuznets developed the concept of the GDP during the 1930s, he had to decide which goods and services would count. He knew the GDP had to measure the health of the country. But how? His answer was adding...  [read more]

  • Our Transportation Infrastructure is Crumbling

    A Leading Indicator: The Good Side of Traffic Congestion

    Aug 4, 13 • 509 Views • No Comments

    There might be a good news side to traffic congestion. After all, roads get busier when mall visits increase. Rush hour gets worse when extra people commute. And don’t more package deliveries from UPS, FedEx and the USPS clog up streets? One firm that...  [read more]

  • GDP: The Brooklyn Bridge

    Jul 30, 13 • 291 Views • No Comments

    The story of the Brooklyn Bridge is really about cheap steel. Used to iron that tended to be brittle, 19th century bridge builders had little experience with steel. And yet, the dimensions of the Brooklyn Bridge required what steel could provide– a...  [read more]

  • Montage of Chinese currency notes

    China’s GDP: A Growing Mystery

    Jul 16, 13 • 579 Views • No Comments

    In China, imagine one half million hairdressers with their own small businesses who have no bookkeeping records. Think of another 500,000 with books that conceal revenue from the local tax collector. During 2004, with an Economic Census to complete, the...  [read more]

  • euro zone map

    A National Market: The European Union

    Jun 23, 13 • 194 Views • No Comments

    Asked who is trustworthy, arrogant and compassionate, respondents in European Union nations offered a fascinating picture of how they perceive each other and themselves. Isn’t it interesting that the Italians named themselves as least trustworthy? And...  [read more]