GDP, yes, but GDP per what?
Many free marketers have an almost religious devotion to seeing GDP lines go up. The American subset of these are therefore quite happy when they see plots like this one…
The OECD fallacy
I tweeted this funny (?) rebuke at Richard Hanania earlier: However, Twitter demanded that I explain my words: Alas, the fact is that: But to be more serious. The fact…
GDP problems, but what solutions?
Suppose you want to measure how well a country is doing. If you're an economist you will be immediately reaching for your trusted variant of the GDP per capita metric.…
Hanania’s diversity hypothesis tested and found wanting
Richard Hanania has a new post out: Diversity Really is Our Strength. (Noah Carl has a reply here, and Seb Jensen has a reply here) His piece is part-troll, part-serious…