GDP measures the economic output of a nation, but it overlooks pollution-linked deaths, degraded lands, disappearing biodiversity, and the long-term impacts of climate change on countries.

For years, measuring economic welfare has been pretty straightforward. Classic economics obsess over a single value: gross domestic product. Luckily, economic paradigms are shifting, and experts are ...

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

Gross domestic product (GDP, a government-produced measure of economic output) is one of the most widely discussed ...

The most basic and comprehensive measure of the U.S. economy is gross domestic product, or GDP. It’s a measure followed by investors, economists, and policymakers like the president of the United ...

What exactly is GDP measuring. It surely is not measuring the state of the population as personal income growth continues to become a smaller share of overall USA spending,. And when one looks at ...

Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...

Since last summer the nation’s Gross Domestic Product (GDP) has gone up — indeed, it grew at a surprising 5.7% rate in the 4th quarter — seeming to confirm what we’ve been hearing: the recession is ...

Gross domestic product (GDP) is the most commonly used measure of economic growth. But GDP isn't just inaccurate and misleading - it's the contrivance of Keynesian economists seeking to push their own ...

Define GDP Explain the difference between real and nominal GDP Explain, using an example, one limitation of using GDP as a measure of living standards Why, despite being aware of its shortcomings, do ...