GDP

GDP Tells Us Little about the Health of an Economy

28th July 2021 Patrick Barron 2193 Comments

The government’s and the mainstream media’s favorite economic statistic is Gross Domestic Product (GDP). If GDP goes up, then the economy is doing well. If GDP shrinks, then the economy is doing poorly, or so [more…]

How Government Hides the Damage from the Covid-19 Lockdowns

16th March 2021 Patrick Barron 2082 Comments

Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented Covid-19 inspired closures of businesses or that the damage was very mild anyway. Government will use it favourite [more…]

GDP Tells Us Little about the Health of an Economy

How Government Hides the Damage from the Covid-19 Lockdowns

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