Saturday, February 28, 2004

GDP, Measured in Gold. Economist Paul Kasriel looks at the GDP measured not in dollars but in gold and finds that it peaked in 2001 has been declining since. Kasriel says "'real' GDP peaked in 2001, and has declined for two successive years since.... [Mises Economics Blog: Austrian Economics and Libertarian Political Theory] 9:56:51 PM    comment ()

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