"For forecasting, the new measure [Gross Output] may be more helpful than the GDP measure, because it provides information of goods in process." -- David Colander (Middlebury College) I am happy … [Read More...]
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U. S. Economic Activity Advances 5.2% in 3rd Quarter 2014
Washington, DC (Thursday, January 22, 2015): Gross Output, a broader measure of U. S. economic activity published by the Bureau of Economic Analysis, advanced to nearly $31.3 trillion in the third quarter of 2014, a 5.2% jump in real terms (annualized). The … [Read More...]
Young Economist Duplicates My 4-Stage Model in his Business Card!
Last week I met Cesar Daniel Pailacura, a young economist in Argentina, at the Austrian economics conference last week in Rosario. If you look closely, you will see that his business card is a duplicate of my four stage model of the economy taken from "The … [Read More...]
Professional Journal Publishes First Academic Article on Gross Output
"For forecasting, the new measure [Gross Output] may be more helpful than the GDP measure, because it provides information of goods in process." -- David Colander (Middlebury College) I am happy to announce that the first professional economics journal … [Read More...]
