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Economic Output

The Tyranny of GDP

Glenn C. Altschuler | Posted 06.16.2015 | Books
Glenn C. Altschuler

Whatever the motivations, Dirk Philipsen points out, "thinking about life as volume of economic output" has become an article of faith in the modern world. And Gross Domestic Product is the universally accepted measure of the state of every nation's economy.

Why President Obama Is Right to Focus on Inequality

Anthony W. Orlando | Posted 09.30.2013 | Politics
Anthony W. Orlando

During a period when the economy doubled in size, the total income earned by 90 percent of Americans didn't increase by a single penny. All the gains went to the richest 10 percent.

Rick Santelli: 'We Are Now Europe'

The Huffington Post | Harry Bradford | Posted 01.30.2013 | Business

Sure, the the economy shrank last quarter for the first time since the Recession ended. But before you freak out, why not let Rick Santelli do it for ...

The Emerging Bright Spot in Europe

Antonio Borges | Posted 07.18.2011 | Business
Antonio Borges

it will take a while before most crisis-hit countries will be able to reclaim the economic output that was lost as a result of the crisis. But things are definitely going in the right direction.

Martin Wolf: Why U.S. Voters Are Like Heart Attack Patients

Financial Times | Martin Wolf | Posted 05.25.2011 | Business

An ambulance stops by the roadside to help a man suffering from a heart attack. After desperate measures, the patient survives. Brought into hospital,...