The Measure of Progress: Counting What Really Matters

by Diane Coyle

Why do we use eighty-year-old metrics to understand today's economy?

The ways that statisticians and governments measure the economy were developed in the 1940s, when the urgent economic problems were entirely different from those of today. In The Measure of Progress, Diane Coyle argues that the framework underpinning today's economic statistics is so outdated that it functions as a distorting lens, or even a set of blinkers...

• Format: Hardcover
• Language: English
• ISBN: 0691179026
• ISBN13: 9780691179025
• Release Date: April 2025
• Publisher: Princeton University Press
• Length: 320 Pages