The Flaws of GDP Accounting Explained

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01/11/2025 Robert P. Murphy

Bob looks at the misconceptions and misuses of GDP accounting, explaining why this widely accepted metric often paints a misleading picture of economic health.

Bob’s 2009 Mises Article on Krugman: Mises.org/HAP482a
Human Action Podcast Episode 481 on Business Cycle Theory: Mises.org/HAP482b
Bob’s Mises Article on GDP: Mises.org/HAP482c

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

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