The Leading Indicators
A Short History of the Numbers That Rule Our World
by:
Zachary Karabell
in:
Economics
Summary:
The book explores the history and significance of economic indicators such as GDP, unemployment rate, and the Consumer Price Index, examining how they were created and how they influence policy decisions and public perception. It also discusses the limitations of these metrics and their impact on global economies and everyday life, questioning whether they are adequate measures of societal progress and well-being.
Key points:
1. Invention and Evolution of Indicators:
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