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Posts Tagged: “Say’s Law“

Optimism Alone Can’t Fix the Economy
Many economists and businesses look to survey data to judge the state of the economy. These data can provide interesting insight and will certainly sway markets, but whether they can actually capture real economic phenomena is up for debate.

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GDP’s Hidden Flaws: How Spending Metrics Distort Economic Reality
As warning signs of recession grow, the political class will increasingly point to misleading statistics as proof of their competency. The most popular economic aggregate, Gross Domestic Product (GDP), is worth nuancing.