Browsing All posts tagged under »Gross domestic product«

Is GDP An Obsolete Measure of Progress? Time Online

August 25, 2011


An article by Judith D. Schwartz  Since last summer the nation’s Gross Domestic Product (GDP) has gone up — indeed, it grew at a surprising 5.7% rate in the 4th quarter — seeming to confirm what we’ve been hearing: the recession is officially over. But wait — foreclosure and unemployment rates remain high, and food […]