EPISODE · Sep 19, 2024 · 9 MIN
Is GDP an Accurate Measure of Reality?
from Audio Mises Wire · host Mises Institute
Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.Original article: Is GDP an Accurate Measure of Reality?
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Is GDP an Accurate Measure of Reality?
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