GDP is the common measure of economic performance. Under ideal conditions, GDP growth implies an overall improvement in the economy’s performance. However, nearly half of GDP is produced in sectors ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Of all the current divides in American society, among the most ...

GDP does not need to be redefined for the AI age. The harder measurement problem is how price indexes account for rapidly ...

Canada’s total GDP continues growing, but this national figure masks a much harsher reality for the average person. While politicians celebrate top-line expansion, per capita output has stagnated, ...

It’s no secret that gross domestic product, the number that serves as a measure for economic progress around the world, is hardly a barometer of human flourishing. It registers the harvest of a forest ...

The United Nations has a new plan for weighing economic gains alongside health and environmental progress. But consensus is elusive. Credit...Matt Chase Supported by By Lydia DePillis It’s no secret ...

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 ...

Specifically, experts discussed developing indicators to measure progress other than Gross Domestic Product (GDP). The shortfalls of measuring a country’s headway using GDP is an issue of rising ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

Rather than scrapping a proven economic measure, conservatives should focus on dismantling the regulatory barriers that hinder prosperity. In a recent article in American Affairs, Philip Pilkington ...