GDP: A Brief but Affectionate History - Revised and expanded Edition
by Diane Coyle
In this revised and expanded edition, Diane Coyle delivers a concise history of GDP, the cornerstone metric of economic performance. She traces its origins, examines its role in shaping policy, and addresses ongoing debates about its relevance in measuring true societal progress and well-being.
About This Book
GDP: A Brief but Affectionate History provides an insightful examination of the metric that has become central to modern economics. Written by Diane Coyle, this revised and expanded edition traces the development of GDP from its inception to its current role in policy and public discourse.
The book delves into how GDP emerged as a tool for measuring national output during the 20th century, highlighting its strengths and limitations in capturing economic well-being. It discusses the historical context that led to its widespread adoption and the debates surrounding its accuracy.
Through a balanced perspective, the author explores why GDP remains influential despite criticisms, offering readers a deeper appreciation for this fundamental economic concept. The expanded content addresses contemporary challenges and alternative approaches to economic measurement.
This accessible work is ideal for anyone interested in the foundations of economic thought and the metrics that define our global economy.
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