What is Gross Domestic Product (GDP) and how is it measured?

A defender of traditional economic analysis could argue that these examples are compatible with mainstream theory. Economists have long recognised the ... Nov 15, 2023 ... The near-consensus among mainstream economists in recent years was that inflation would persist – and even accelerate – and that this justified substantial ... We discuss a selection of paradoxes and delusions surrounding mainstream economic theories related to: (1) efficiency and resource use, (2) wealth and ... Feb 23, 2025 ... economics #neoliberalism #ukpolitics With a free trial, you can watch the full debate NOW at ... Jul 14, 2020 ... Modern Monetary Theory (MMT) has been on the fringes of economic discussion for a decade or more, but it has recently moved from the periphery to become part ... Listen to discovery playlists featuring Money and Government: a challenge to mainstream economics [Audio] by LSE Podcasts on desktop and mobile. Mainstream economic theory is based on the rationality assumption: that people act as best they can to promote their interests. In contrast, behavioural ... IN-STREAM Research consortium 2011: Integration of mainstream economic indicators with sustainable development objectives. Summary Report (D 9.12). Mainstream economists began to have a bad conscience about their traditional methodology, which some saw as insufficiently empiricist. Jan 12, 2023 ... Some new research findings, I left wondering whether mainstream economists, as a group, are out‐ of‐ touch.