Fifty Major Contributions of Social Science to Society - National Accounts: Barometer, Telescope and Compass of the National Economy
4 Pages Posted: 19 Mar 2011
Date Written: March 17, 2011
Abstract
This note briefly describes the merits and limitations of the national accounts, e.g. GDP per capita is a simple measure of material welfare, but is not a comprehensive measure of welfare.
Suggested Citation: Suggested Citation
Bos, Frits, Fifty Major Contributions of Social Science to Society - National Accounts: Barometer, Telescope and Compass of the National Economy (March 17, 2011). Available at SSRN: https://ssrn.com/abstract=1789025 or http://dx.doi.org/10.2139/ssrn.1789025
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