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The Measure of Economies by Marshall B. Reinsdorf

The Measure of Economies

by Marshall B. Reinsdorf
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Book cover type: Hardcover
  • ISBN13: 9780226836331
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: The University of Chicago Press
  • Publisher Imprint: The University of Chicago Press
  • Publication Date:
  • Pages: 368
  • Original Price: GBP 52.0
  • Language: English
  • Edition: N/A
  • Item Weight: 606 grams
  • BISAC Subject(s): Economics / Theory, Econometrics, and Industries / General

Innovative new approaches for improving GDP measurement to better gauge economic productivity.

Official measures of gross domestic product (GDP) indicate that productivity growth has declined in the United States over the last two decades. This has led to calls for policy changes from pro-business tax reform to stronger antitrust measures. But are our twentieth-century economic methods actually measuring our twenty-first-century productivity?

The Measure of Economies offers a synthesis of the state of knowledge in productivity measurement at a time when many question the accuracy and scope of GDP. With chapters authored by leading economic experts on topics such as the digital economy, health care, and the environment, it highlights the inadequacies of current practices and discusses cutting-edge alternatives.

Pragmatic and forward-facing, The Measure of Economies is an essential resource not only for social scientists, but also for policymakers and business leaders seeking to understand the complexities of economic growth in a time of rapidly evolving technology.

Reinsdorf, Marshall B.: - Marshall B. Reinsdorf is a former senior economist with the International Monetary Fund.

Sheiner, Louise: - Louise Sheiner is a senior fellow at the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.

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