Placeholder text

Go to cart

GDP

By Diane Coyle

GDP

By Diane Coyle

0 - Default Title
Description
Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country's economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
Product details
Binding:
Paperback
Number of Pages:
184
Release Date:
2015-09-22
Publication Date:
2015-11-30
Publisher:
Princeton Univers. Press
Languages:
Original: English
ISBN10:
0691169853
ISBN13:
9780691169859
Weight:
244 g
Height:
136 cm
Width:
216 cm
Thickness:
17 cm
Currently sold out