GDP & POLITICS: Are We Measuring Actual Progress?

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?”

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