GDP, Growth, and Welfare
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In the years following World War II, the main economic goal of countries, and the main standard by which economies were judged, was the performance of their Gross Domestic Product (GDP), which was defined and measured following rules created by statisticians and economists who had developed the official national accounts statistics, mostly in the 1930s. The pursuit of the growth of the GDP has rem...
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In the years following World War II, the main economic goal of countries, and the main standard by which economies were judged, was the performance of their Gross Domestic Product (GDP), which was defined and measured following rules created by statisticians and economists who had developed the official national accounts statistics, mostly in the 1930s. The pursuit of the growth of the GDP has rem...
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