The world's principal measure of the health of economies is gross domestic product, or GDP: the sum of what all of us spend every day, from the contents of our weekly shopping to large capital spending by businesses. GDP also includes the myriad things that our governments pay for, from libraries and road-line painting to naval dockyards and nuclear weapons.The Great Invention reveals how in just a few decades GDP became the world's most powerful formula: how six algebraic symbols forged in the fires of the 1930's economic crisis helped Europe and America prosper, how the remedy now risks killing the patient it once saved, and how this fundamentally flawed metric is creating the illusion of global prosperityâand why many world leaders want to be able to ignore it but so far remain powerless to do so. Drawing on interviews, firsthand accounts, and previously neglected source materials, The Great Invention takes readers on a journey from Capitol Hill to Whitehallâon the trail of theories made in Cambridge, tested in Karachi, and designed for global applicationâinto the minds of unworldly geniuses seduced by the allure of power and the demands of politics.

eBook - ePub
The Great Invention
The Story of GDP and the Making and Unmaking of the Modern World
- 352 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
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Information
Topic
BetriebswirtschaftSubtopic
Business allgemeinTable of contents
- Cover
- Title
- Contents
- Preface
- Prologue: Lost History
- Introduction: The Great Invention
- Chapter One: GDP and Its Discontents
- Chapter Two: The Fight for the Formula
- Chapter Three: Made in Cambridge
- Chapter Four: The Karachi Economic Miracle
- Chapter Five: The Talented Mr. Strong
- Chapter Six: âAs Vulgar as GDPâ
- Chapter Seven: Exporting Shangri-La
- Chapter Eight: $33 Trillion Man
- Chapter Nine: Stern Lessons
- Chapter Ten: âNothing Is More Destructive of Democracyâ
- Epilogue: Unfinished Revolution
- A Note on Symbols
- Acknowledgments
- Notes
- Bibliography
- Illustrations
- Index
- Copyright
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Yes, you can access The Great Invention by Ehsan Masood in PDF and/or ePUB format, as well as other popular books in Betriebswirtschaft & Business allgemein. We have over 1.5 million books available in our catalogue for you to explore.