Hi guys, I wrote the below blog post and was looking for some feedback/critique. I hope to demonstrate that the components used in the GDP formula to represent the total dollar value of all goods and services produced in an economy are, in fact, disconnected from the underlying value that they are …

EDIT: http://mises.org/daily/1491 Here’s that Corrigan article, it’s a transcript of a lecture he delivered at one point I believe. Good points relative to your topic. To remain truly positive in this analysis, I think the real objections should be: One, do you accept that tallying the dollar val…

There’s an easier way to refute the efficacy of the GDP measurement. It does not distinguish between broken and unbroken windows .

Xahrx, Thanks very much for the feedback. You definitely raised some great points and added much more to my analysis. Thanks for the other links too guys. I appreciate it! Robert

Xahrx, If you’d like to copy and post your comments on the actual blog post, I’d think it would add alot to my piece. The blog is here: robertfellner.blogspot.com . Thanks again!

Is GDP an intrinsically flawed statistic?

Economics Economics Questions

John_James June 13, 2011, 1:29pm 4

Here’s a couple other articles relevant to the topic. Yes, GDP is meaningless. [1] [2]

Keynesian economics

Anyone know if this is accurate?

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Is GDP an intrinsically flawed statistic?

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