Things you find on the way to finding something you need: I had forgotten about most of these interviews, but the one about the challenge to economists of measuring the changing value of like products (e.g., a modern new car that is longer-lasting and safer than a 1970 new car) has stayed with me.


From the link:
Arguing with the science? the math?
Whatever, it's 'Best-Looking Contraction in U.S. GDP You'll Ever See'
I suggest we torture language with economic terms like 'negative growth' as we stagger toward 1937.
Posted by: polifrog | Jan 30, 2013 at 12:33 PM