“The single focus on GDP or GDP growth in many policy discussions is misleading,” Olivier Blanchard, a former International Monetary Fund chief economist who’s now a senior fellow at the Peterson Institute for International Economics, wrote this month.
“GDP is easy to criticize but rather difficult to replace,” said Paul Sheard, chief economist at S&P Global in New York.
http://www.bloomberg.com/news/articles/2016-08-21/inside-the-global-hunt-for-a-better-way-to-measure-the-economy
“GDP is easy to criticize but rather difficult to replace,” said Paul Sheard, chief economist at S&P Global in New York.
http://www.bloomberg.com/news/articles/2016-08-21/inside-the-global-hunt-for-a-better-way-to-measure-the-economy
