A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...
Explore how inflation affects economic recovery, from employment rates to borrowing costs, and understand its potential ...
Discover the differences between Economic Value Added (EVA) and Market Value Added (MVA) to better understand company ...
For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...
Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Sophie Mitra, Fordham University (THE CONVERSATION) The Bureau of Economic Analysis ...
Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...
But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...
How is the economy doing? You can’t give a single straightforward answer to my question. Instead, your answer will depend on how you measure economic performance and on whether your measurement is ...