Presidian Blog
How to Help the GDP Grow Up
Presidio Graduate School hosted a symposium ‘Outgrowing GDP: A New Approach to America’s Accounting System’ at Bloomberg LP yesterday, off Pier 3 near the Ferry Building. The half-day event included a mixed panel of current and former students and professors, each with a unique area of study relating to this country’s preferred financial barometer, GDP. …
Outgrowing GDP: An Imperfect Measure Misses What Matters
In sports, it’s easy to figure out whether a team is ahead or behind: You just need to look at points, runs or goals scored. If only another score keeping measure—the one used to determine a country’s economic well-being—gave us such clear results. Instead, Gross Domestic Product (GDP) provides a “score” that’s inaccurate or incomplete …