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Beschreibung
Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country's economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country's economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
Details
Erscheinungsjahr: 2015
Medium: Taschenbuch
Inhalt: Einband - flex.(Paperback)
ISBN-13: 9780691169859
ISBN-10: 0691169853
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Diane Coyle
Auflage: Rev. and exp. Edition
Hersteller: Princeton University Press
Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, D-49078 Osnabrück, mail@preigu.de
Abbildungen: w. 4 figs.
Maße: 216 x 140 x 10 mm
Von/Mit: Diane Coyle
Erscheinungsdatum: 13.10.2015
Gewicht: 0,237 kg
Artikel-ID: 104784995

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