Development workers constantly gnash their teeth over whether their work has any effect. But they’re faced with a fundamental problem: In undeveloped countries, accurate economic data can be ...

We’ve long been led to believe that the best measure of an economy’s size and health is GDP—gross domestic product. It isn’t. It’s a very incomplete and, indeed, misleading picture of how an economy ...

Here’s a conversation you must listen to. It will prove invaluable in determining what is actually happening to the economy. We’ve long been led to believe that the best measure of an economy’s size ...

Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...

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 ...

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 ...

Canada’s total GDP continues growing, but this national figure masks a much harsher reality for the average person. While politicians celebrate top-line expansion, per capita output has stagnated, ...

French president Nicolas Sarkozy drew heat last month when he suggested that countries should factor happiness into their statistics for growth. After all, Sarkozy campaigned on promises of wealth ...

What's the best way to gauge the health of the economy? Gross domestic product, a measurement that calculates the value of all goods and services produced, has long been a good way to take the ...

For the best experience, please enable JavaScript in your browser settings. Kenya recently rebased its economy by adding certain sectors such as real estate and ICT ...