Can we just change how we measure GDP?

In recent months, there have been serious whispers about an outrageous possibility: that one day soon, France — the seventh largest economy in the world — might not be able to pay back its debts. Right now, protesters in France are complaining about crumbling schools, the lack of ...  Show more

Connecticut’s property tax system has been broken for decades and the politicians have failed to fix the problem. So now, they’re trying something new: a citizens assembly. (Citizens assemblies are also old. They go back to Ancient Greece, when lawmakers were chosen not through e ...  Show more

On today’s show we are talking about some of the tricks that bureaucrats use to manipulate the inflation metrics that are being used to decide monetary policy. The cost of money affects the cost of virtually everything we buy. So the power to manipulate the economy and affect ...

GDP, GNP – what does it all mean? Jonathan explains what economists mean when they bring up these common economic indicators.

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Many blame our obsession with economic growth as being one of the biggest drivers of climate change. The United Nations is currently looking at options for what might replace Gross Domestic Product (GDP) as the world’s primary go-to indicator of success, taking into account fa ...