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Tag Archives: GDP
Gross Domestic Puzzle . . . or . . . the Meaning of Maria’s Mobile
GDP is supposedly the value of the goods and services an economy “produces,” but there is a big conceptual caveat: GDP only covers goods and services that are bought and sold. If I help my daughter with her algebra, it … Continue reading
Posted in Uncategorized
Tagged GDP, inequality, Jeremy Grantham, technological innovation, wage stagnation
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