It was a relief to finally hear my client's voice on the phone. She was a bit breathless, but not sounding in distress. She had been out food shopping by taxi just that afternoon (this was Monday, 31 January), able to find what she needed, "though many people are just buying up whatever they can … Continue reading Watching Egypt 1 – Private Worries, Public Hopes
Social and Economic Systems
What is the GDP, Anyway?
As the world spins deeper into economic recession (is anyone formally using the word "depression" yet?), it seems appropriate to take a look at the number by which we measure such things: the Gross Domestic Product, or GDP. This mega-statistic is the indicator used by countries since WWII to measure their growth, and is by … Continue reading What is the GDP, Anyway?
