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Gross Domestic Product

Economics

A re-cap of economic fundamentals

16th September 2025 Emile Woolf 0

References to ‘GDP’ proliferate in the business press and news. Perhaps it’s worth considering what it means. The letters stand for ‘Gross Domestic Product’, intending to signify the entire output of the economy of a country: the outputs [more…]

Business

GDP Tells Us Little about the Health of an Economy

28th July 2021 Patrick Barron 0

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…]

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