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Economics

What the Numbers Measure

GDP, the price index, and how much a first estimate will bear

Kuznets · Boskin · the statistical offices · 3 chapters · 8 min read

GDP, the price index, and how much weight a first estimate will bear.

Free to read: every chapter below is open

Counting It

  1. 01The Number That Ate the ArgumentOn a number that came with a warning nobody read.
  2. 02Building a BasketOn a basket, and everything hard hiding in the word fixed.
  3. 03Revised, Adjusted, and Believed AnywayOn first estimates, reported as facts and revised for years.