GDP: The World’s Most Powerful Formula and Why it Must Now Change
Autor Ehsan Masooden Limba Engleză Paperback – 3 mar 2021
Gross Domestic Product is failing. For decades it has rewarded environmental destruction and obscured inequality. Its formula can be—and has been—gamed to the detriment of developing countries.
In this powerfully argued book, now updated with a new chapter, science writer Ehsan Masood shows how GDP fell from the path envisaged by its architects, and how its long-term misapplication has kept large parts of the world in poverty, while helping accelerate global warming and biodiversity loss.
As the world rebuilds after the coronavirus pandemic and the accompanying global recession, our need for a more sustainable and inclusive measure of economic growth has never been greater. Change must come if we are to break the cycle. With clarity and passion, Masood shows how we can update GDP for a better future.
[previously published asThe Great Inventionin North America]
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Specificații
ISBN-13: 9781785787119
ISBN-10: 178578711X
Pagini: 304
Dimensiuni: 129 x 198 x 30 mm
Greutate: 0.23 kg
Editura: Icon Books Ltd
Colecția Icon Books Ltd
Locul publicării:London, United Kingdom
ISBN-10: 178578711X
Pagini: 304
Dimensiuni: 129 x 198 x 30 mm
Greutate: 0.23 kg
Editura: Icon Books Ltd
Colecția Icon Books Ltd
Locul publicării:London, United Kingdom
Recenzii
'Masood
contends
that
GDP
is
a
bill
of
goods
the
developed
world
foisted
on
emerging
nations.
It
is
flawed,
he
argues,
because
the
monetary
value
of
all
goods
and
services
produced
in
a
country
makes
no
reference
to
social
well-being
or
inequality.
Masood
is
also
troubled
by
GDP’s
failure
to
consider
the
environmental
damage
that
is,
at
times,
a
byproduct
of
growth.
Many
of
Masood’s
criticisms
have
merit.
He
presents
some
interesting
alternatives.
He
favors
revolutionary
change.'
“If you ever thought that economic policy could never make for gripping drama, try reading this book.”
“Ehsan Masood unveils the genesis of GDP and how it shaped the modern economic paradigm. It comes at a time when a growing number of people are questioning this flawed metric.”
“Fascinating. Whether happiness should be embedded into decisions on the economy is an important one, and whether GDP should be abandoned in favor of something better is too. Masood’s book helps raise those questions and others in a thought provoking manner. That’s much needed in every endeavor these days, and needed in few places more than in the economics profession.”
“An interesting book. Masood doesn’t merely criticize the overreliance on GDP: he also explores ongoing efforts to develop a satisfactory substitute or supplement that would yield a more accurate picture of economic activity and its effects.”
“In lively prose, Masood argues that GDP is flawed because it ignores volunteering, housework, environmental degradation, job satisfaction, and income inequality.”
“Masood covers decades of challenges to GDP conventions that make for a fascinating institutional and human story.”
“Masood’s highly readable book is a useful reminder of what GDP is and what it isn’t.”
“After reading it you'll never be able to treat GDP seriously again.”
"The writing is effortless and intriguing. Like a novel, it weaves personal stories and the significance of individuals into a narrative about tectonic shifts in world politics."
[A] tale of cloak and dagger intrigue, intense rivalries and political machinations you’d expect in a spy thriller.’
'[A] persuasive witness for the prosecution in the case against GDP mania.'
“If you ever thought that economic policy could never make for gripping drama, try reading this book.”
“Ehsan Masood unveils the genesis of GDP and how it shaped the modern economic paradigm. It comes at a time when a growing number of people are questioning this flawed metric.”
“Fascinating. Whether happiness should be embedded into decisions on the economy is an important one, and whether GDP should be abandoned in favor of something better is too. Masood’s book helps raise those questions and others in a thought provoking manner. That’s much needed in every endeavor these days, and needed in few places more than in the economics profession.”
“An interesting book. Masood doesn’t merely criticize the overreliance on GDP: he also explores ongoing efforts to develop a satisfactory substitute or supplement that would yield a more accurate picture of economic activity and its effects.”
“In lively prose, Masood argues that GDP is flawed because it ignores volunteering, housework, environmental degradation, job satisfaction, and income inequality.”
“Masood covers decades of challenges to GDP conventions that make for a fascinating institutional and human story.”
“Masood’s highly readable book is a useful reminder of what GDP is and what it isn’t.”
“After reading it you'll never be able to treat GDP seriously again.”
"The writing is effortless and intriguing. Like a novel, it weaves personal stories and the significance of individuals into a narrative about tectonic shifts in world politics."
[A] tale of cloak and dagger intrigue, intense rivalries and political machinations you’d expect in a spy thriller.’
'[A] persuasive witness for the prosecution in the case against GDP mania.'
Notă biografică
Ehsan Masood is a senior editor at the science journal Nature. He is a former Knight Science Journalism Fellow at MIT and has written and presented documentary programmes for BBC Radio 4. His previous books include Science and Islam: A History (Icon, 2017).