GDP: A Brief but Affectionate History

3.62 avg rating
( 288 ratings by Goodreads )
 
9780691156798: GDP: A Brief but Affectionate History

Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013―or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008―just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives―but that hardly anyone actually understands.

Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.

"synopsis" may belong to another edition of this title.

From the Back Cover:

"Diane Coyle renders GDP accessible and introduces a much-needed historical perspective to the discourse of what we measure and why. A must-read for those interested in the far-reaching impact of GDP on the global economy, just as we seek ways to go beyond it."--Angel Gurría, secretary-general of the Organisation for Economic Co-operation and Development

"Countries are judged by their success in producing GDP. But what is it and where do those numbers reported on television come from? Diane Coyle makes GDP come to life--we see its strengths and its fallibilities, and we learn to understand and respect both."--Mervyn King, governor of the Bank of England, 2003-2013

"This is an engaging and witty but also profoundly important book. Diane Coyle clearly and elegantly explains the fundamental difficulties of GDP--and how this headline figure is liable to radical change by apparently simple changes in method. She also provides a nice treatment of alternative proposals such as happiness surveys."--Harold James, author of Making the European Monetary Union

"Well written, interesting, and useful, this book will appeal to many readers. I learned a lot from it."--Robert Hahn, University of Oxford

"GDP: A Brief But Affectionate History is a fascinating 140-page book that I cannot recommend highly enough. This is simply the best book on GDP that I've ever seen."--John Mauldin

About the Author:

Diane Coyle is the author of a number of books, including The Economics of Enough and The Soulful Science: What Economists Really Do and Why It Matters (both Princeton). She holds a PhD in economics from Harvard and is a visiting research fellow at the University of Oxford's Smith School of Enterprise and the Environment.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Coyle, Diane
Published by Princeton University Press (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
pickabook
(San francisco, CA, U.S.A.)
Rating
[?]

Book Description Princeton University Press, 2014. Hardcover. Book Condition: New. Bookseller Inventory # mon0000170671

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 8.45
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

2.

Coyle, Diane
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Quantity Available: 1
Seller:
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2014. HRD. Book Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # KB-9780691156798

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 11.16
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

3.

Diane Coyle
Published by Princeton University Press, United States (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description Princeton University Press, United States, 2014. Hardback. Book Condition: New. Language: English . Brand New Book. Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013--or Ghana s balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008--just as the world s financial system went into meltdown? And why was Greece s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives--but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods. Bookseller Inventory # AAS9780691156798

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 16.68
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

4.

Coyle, Diane
Published by Princeton University Press (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Princeton University Press, 2014. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # 0691156794

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 14.89
Convert Currency

Add to Basket

Shipping: US$ 1.99
Within U.S.A.
Destination, Rates & Speeds

5.

Diane Coyle
Published by Princeton University Press, United States (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Princeton University Press, United States, 2014. Hardback. Book Condition: New. Language: English . Brand New Book. Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013--or Ghana s balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008--just as the world s financial system went into meltdown? And why was Greece s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives--but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods. Bookseller Inventory # AAS9780691156798

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 17.05
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

Coyle, Diane
Published by Princeton University Press (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
Save With Sam
(North Miami, FL, U.S.A.)
Rating
[?]

Book Description Princeton University Press, 2014. Hardcover. Book Condition: New. Brand New!. Bookseller Inventory # 0691156794

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 14.32
Convert Currency

Add to Basket

Shipping: US$ 3.00
Within U.S.A.
Destination, Rates & Speeds

7.

Diane Coyle
Published by Princeton University Press (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Princeton University Press, 2014. Hardcover. Book Condition: New. book. Bookseller Inventory # M0691156794

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 17.49
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

8.

Diane Coyle
Published by Princeton University Press, United States (2014)
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description Princeton University Press, United States, 2014. Hardback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013--or Ghana s balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008--just as the world s financial system went into meltdown? And why was Greece s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives--but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods. Bookseller Inventory # BTE9780691156798

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 17.88
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

Coyle, Diane
Published by Princeton University Press
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Hardcover Quantity Available: 2
Seller:
Lakeside Books
(Benton Harbor, MI, U.S.A.)
Rating
[?]

Book Description Princeton University Press. Hardcover. Book Condition: New. 0691156794 BRAND NEW, GIFT QUALITY! NOT OVERSTOCKS OR MARKED UP REMAINDERS! DIRECT FROM THE PUBLISHER!|0.7. Bookseller Inventory # OTF-Y-9780691156798

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 13.97
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

10.

Diane Coyle
ISBN 10: 0691156794 ISBN 13: 9780691156798
New Quantity Available: 3
Seller:
BWB
(Valley Stream, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: New. Depending on your location, this item may ship from the US or UK. Bookseller Inventory # 97806911567980000000

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 18.64
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book