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The Distraction of the “Gross Domestic Product” Economic Metric

An economy is no longer evaluated by what it produces, but by what it spends. Full story here Are you the author?
Patrick Barron
Patrick Barron is a private consultant to the banking industry. He has taught an introductory course in Austrian economics for several years at the University of Iowa. He has also taught at the Graduate School of Banking at the University of Wisconsin for over twenty-five years, and has delivered many presentations at the European Parliament.
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