The Economic History Podcast

GDP- Great Difficulties in Producing

December 22, 2020 Episode 16
The Economic History Podcast
GDP- Great Difficulties in Producing
Show Notes

In this episode, we meet with the eminent Prof. Diane Coyle to discuss the evolution of measuring economic activity through time. When and why did the process begin and how did it evolve? What were the political motivations that drove the changes regarding how and what we recorded? How does it measure what we value and does it place appropriate value on what we measure?