Question the significance of the “gross domestic product” (GDP)

I just finished reading a terrifically clear and concise article on measuring "the economy" by Jonathan Rowe, published by Harpers. It is entitled "Our Phony Economy." Please allow me to set the scene. Haven't you wondered why politicians and the news media so often obsess about the rising and falling…

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The U.S. government is consciously misrepresenting our sick economy

How bad is the economy?  In the May issue of Harpers Magazine, Kevin Phillips cuts through the numbers in an article entitled "Numbers Racket:  Why the economy is worse than we know." The revelations Phillips makes are shocking.  The U.S. government has been consciously cooking the books for decades. How…

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