Gross Domestic Product (GDP) Archives - Page 2 of 3

March 27, 2020

Published by Elaine Schwartz at March 27, 2020

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What Would John Maynard Keynes Have Said About Stimulus Spending?

To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes's philosophy.

February 17, 2020

measuring presidential economic performance

Published by Elaine Schwartz at February 17, 2020

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The Mystery of a President’s Economic Performance

While we know that GDP can influence an election, economists also ask whether the results of the election will affect the GDP.

January 21, 2020

Published by Elaine Schwartz at January 21, 2020

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How Your Purchases Reflect Your Politics

When researchers have compared consumer purchases and politics, they've observed that what we buy can relate to whether we are a Democrat or a Republican.

December 9, 2019

Published by Elaine Schwartz at December 9, 2019

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Where Illegal Activities Give the GDP New Highs

Adding together the goods and services we produce in the GDP, statisticians wonder if they should include illegal economic activities.

July 4, 2019

Weekly Economic News Roundup and economic independence from Alexander Hamilton

Published by Elaine Schwartz at July 4, 2019

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Celebrating the Economic Independence That Alexander Hamilton Created

Relevant today, the timeless ideas in Alexander Hamilton's development plan are about a sovereign debt, banking, and economic growth.

October 19, 2018

Weekly Economic News Roundup and marijuana economics

Published by Elaine Schwartz at October 19, 2018

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How Legal Marijuana Could Make the Canadian GDP Too High

With marijuana legalization, Canada has had to revise 60 years of its Gross National Product (GDP) to avoid misleading numbers.

October 5, 2018

household responsibilitiesand household production

Published by Elaine Schwartz at October 5, 2018

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What the GDP Leaves out (And Should It Matter?)

As a yardstick of the value of the goods and services produced in one year, a country's GDP might be more accurate if it included unpaid household work.

August 6, 2018

Published by Elaine Schwartz at August 6, 2018

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What Grey Poupon Says About Your Affluence

You can assume that individuals are affluent if their consumer spending includes iPads, Verizon Wireless, and Ziploc bags.

July 30, 2018

Published by Elaine Schwartz at July 30, 2018

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The Value of Work Done at Home

Whether looking at childcare, boiling water, or changing a light bulb, the activities that compose household production are tough to value.

January 26, 2018

Weekly economic news roundup and money and happiness

Published by Elaine Schwartz at January 26, 2018

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Will Money Make You Happy?

While it is tough to do happiness studies, the economists that keep trying have begun to conclude that money could indeed relate to our life satisfaction.

May 17, 2017

Published by Elaine Schwartz at May 17, 2017

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How to Really Grasp the GDP

We can better grasp what we mean by the GDP by looking at the numbers and also by comparing its components to an alternative.

May 3, 2017

Published by Elaine Schwartz at May 3, 2017

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Enlightening Measures of China’s Growth

Economists can use nighttime lights from NASA's satellite images of the earth to decide if China's economic growth statistics are accurate.