Hedonistic GDP

On today’s show we are talking about how to understand what the published measure of gross domestic product and how we measure inflation. Both are in fact misleading the voting public.

The concept of gross domestic product is easy enough to understand. You add up all of the economic activity in a nation, and now you have the gross domestic product. Pretty simple. But not necessarily easy to calculate.

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Host: Victor Menasce

email: [email protected]