Gross domestic product (GDP), this is a term which is familiar to pretty much anybody who has ever read any...
Read moreIn the previous article, we understood why the GDP number was created and what purpose is it supposed to serve....
Read moreDebt was once an individual and social vice. Individuals and organizations in heavy debt were considered to be inefficient and...
Read moreIn the previous article, we read about how the GDP system encourages incessant and reckless borrowing on the part of...
Read moreWe have spoken in great detail about GDP. By now, we are aware of the dangers of setting GDP maximization...
Read moreThe GDP system’s absurdities do not end with social evils. Mindlessly following this system has also wrecked havoc on the...
Read moreGDP considers natural disasters like earthquakes, floods, tsunamis and hurricanes as being favorable to the economy. Add to this the...
Read moreIn the past few articles, we have spoken about the absurdity of the GDP system. This absurdity has been brought...
Read moreIn the previous few articles we have seen how the GDP approach to calculating economic growth has led to the...
Read moreThe GDP system has found several criticisms. However, none of the criticisms have been as apparent as an unusual phenomenon...
Read moreGreen GDP In the search for a better system to account for our economy, researchers have looked at various options....
Read moreThe GDP growth rate of India overtook the GDP growth rate of China in 2015. This has fuelled many newspaper...
Read moreIntroduction: The History of Universal Basic Income (UBI) In recent months, there has been much discussion worldwide about a concept...
Read moreEconomics is divided on the role of savings. Many economists believe that saving is a personal virtue but social vice....
Read moreIn the past article, we discussed how GDP views war and why it is dangerous for all of us since...
Read moreIn the previous articles, we have discussed the various pitfalls of the GDP system. We have also made the case...
Read moreWhat is Trickle down Economics, Why it Became Popular, and How it Works in Practice In economic theory, the concept...
Read moreThere is one fact about the GDP which is often misquoted in the media. I am sure all of us...
Read moreIn the previous article, we learned about the concept of the broken window fallacy. We learned that in general, the...
Read moreThe fact that GDP is a broken system is well known. Many countries across the world have attempted to create...
Read more