Tag Archives: GDP

by Giacomo Di Capua During the Second World War, the British economist John Maynard Keynes developed the modern definition of Gross Domestic Product, as: «the total value of goods produced and services provided in a country during one year.» With this index, Keynes aimed at measuring and assessing Britain’s capacity for mobilization and conflict. TheContinue reading “GDP & POLITICS: Are We Measuring Actual Progress?”