The Measure of Progress XMAS NR Neffy must decide where safety

Neffy must decide where safety lies

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The Measure of Progress XMAS NR Neffy must decide where safetyWhy do we use eighty year old metrics to understand todays economy? The ways that statisticians and governments measure the economy were developed in the 1940s, when the urgent economic problems were entirely different from those of today. In The Measure of Progress, Diane Coyle argues that the framework underpinning todays economic statistics is so outdated that it functions as a distorting lens, or even a set of blinkers. When policymakers rely on