Posts Tagged ‘Simon Kuznets’

  • Calculating the GDP involves many decisions and using it can be controversial as in Greece.

    Why the GDP is Much More Than a Number

    Jul 28, 14 • 345 Views • No Comments

    Seemingly just a statistic, how we calculate the GDP and how it is used can be controversial and affect the lives of millions of people....  [read more]

  • Data Consumption the the GDP

    A GDP Omission

    Dec 1, 13 • 460 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]

  • GDP...16843_5.2_9209625-gdp

    GDP: Does Lady Gaga Count?

    May 29, 13 • 529 Views • No Comments

    The United States just got a little richer but not because of the economic recovery. We are just changing what is included in the GDP. First a little history. I have always been fascinated by the story of Simon Kuznets. A Russian immigrant who received the...  [read more]

  • GDP...16843_5.2_9209625-gdp

    Do You Like the GDP?

    Nov 28, 12 • 290 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]

  • For most economists, historians, social scientists, it is tough to avoid research bias

    Making Presidential History

    Nov 13, 12 • 308 Views • No Comments

    President Obama has been having dinner with historians. Described by the NY Times as a “largely left tilting group,” the names I consistently discovered that attended the dinners were: Doris Kearns Goodwin, Michael Beschloss, Robert Caro, Robert...  [read more]