Wednesday, October 14, 2015

Talking worth hearing: GDP

Stan Pignal and Ryan Avent (from The Economist), and Mike Jakeman (from the Economist Intelligence Unit), discuss whether GDP is an appropriate indicator of an economy's health.

~12 minutes

(I wish they wouldn't implicitly endorse the popular definition of recession, i.e. two consecutive quarters of negative GDP growth. It's truly an awful notion.)

No comments: