article thumbnail

“Interpersonal Connectedness” One Factor in Metric to Replace GDP

Michael Lee Stallard

In “ The Rise and Fall of GDP ,&# that appeared in The New York Times Magazine, Jon Gertner describes this effort. He argued in “ The Limits of Policy ,” that it would be wise for government leaders to “try to use policy to strengthen relationships.&# What’s measured is what gets done. why is everyone smiling?

GDP 170
article thumbnail

The Joy of Facts

Next Level Blog

leads the world in health expenditures as a percentage of GDP at 16.5%. The most frustrating thing, I think, is the health care debate is emblematic of what passes for public policy these days. Posted by: Pisac | November 01, 2010 at 12:21 PM Verify your Comment Previewing your Comment Posted by: | This is only a preview.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When You’re Tied Up In Supply Chains, You Need A Strategy

Strategy Driven

In short, it’s an enormous business, consuming some 6 percent of total world GDP, more than military spending and education combined. With a good returns policy in place, your company can stand to benefit too. Getting our goods from one location to another is just really, really expensive.

article thumbnail

Beyond GDP, How the World's Economies Stack Up

Harvard Business Review

These days, many people agree that, just as the full measure of a man can't be taken by his banker, the full measure of a nation isn't reflected in its GDP. We write about all this in our forthcoming book, Standing on the Sun, but since our manuscript was copyedited in October, we went to press with 2010 numbers.

GDP 10
article thumbnail

Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

By one estimate , the number of international migrants worldwide reached 244 million in 2015, up from 222 million in 2010, and 173 million in 2000. To find out, we mobilized a large-scale data set on international migration from 1960 to 2010, using information on the nationality of the immigrants to construct indexes of birthplace diversity.

article thumbnail

The Future of Retail Depends on Today's Policy Decisions

Harvard Business Review

In order to assess the future of retail, we need to understand the sector's current impact on our entire economy, and the direction that Washington is taking the retail industry with policies that are being shaped today. trillion to the GDP, or about one-fifth of the nation's total gross domestic product. Retail contributes $2.5

Retail 12
article thumbnail

What Has the Eurozone Learned from the Financial Crisis?

Harvard Business Review

But the real tragedy happened later: a timid recovery during 2010-11 was followed by a second recession starting in the third quarter of 2011, from which Europe did not start recovering until 2015. But they differed greatly in how far and when they applied these policies. Fiscal policy. Both the U.S.

Crisis 8