Gross National Product (GDP)

March 3, 2019

The Best Way To Measure Happiness

When we compare Bhutan's gross national happiness (GNH) to its gross domestic product (GDP, we could decide if happiness relates to economic growth.

September 13, 2018

Six Facts About Disaster Economics

When natural disasters like hurricanes, massive snowstorms, and wildfires strike a region, their economic impact is far more than the clean-up.

December 10, 2017

The Economic Yardstick That (We Don’t Know) We Need

Please think GDP for a moment. Reported and revised during each quarter, GDP numbers create a reaction. If the growth rate is high, lawmakers assume their […]

March 16, 2015

The Problem With Hitting the Debt Ceiling Again

With the U.S. hitting a debt ceiling that is equal to the GDP, concern over U.S. spending is growing as the Congress again decides how to avoid a default.