Free Kindle The Power Of A Single Number: A Political History Of GDP ebooks Download
Since it was first widely used in the mid-twentieth century, GDP has become the most powerful statistical indicator of our time. Practically all governments adhere to the idea that GDP growth is a primary political target. And while criticism of this hegemonic measure has grown over the past decade, neither its champions nor its detractors deny its central importance in our political culture. In The Power of a Single Number, Philipp Lepenies tells the lively, unpredictable history of GDP’s political acceptance—and eventual dominance.From Renaissance England to 1960s America, Lepenies tracks the emergence of GDP and its precursors, focusing on the individuals central to this development. He considers William Petty's failed attempt to popularize national income measures in the seventeenth century and then looks at the statistical work of Colin Clark in the early 1900s. An ingenious lone wolf, Clark remained something of an outsider in the economic community, but his ideas were extended by John Maynard Keynes and advanced a more focused study of national income. This work was furthered by Simon Kuznets, who emphasized GDP’s ties to social well-being and set the stage for its future ascent. GDP finally achieved its singular status during World War II, assuming the importance it retains today. Lepenies’s absorbing account helps us see this common measure anew and contextualizes current debates over the wisdom of the number’s monolithic rule.
File Size: 524 KB
Print Length: 210 pages
Page Numbers Source ISBN: 0231175108
Publisher: Columbia University Press (May 3, 2016)
Publication Date: May 3, 2016
Sold by: Digital Services LLC
Language: English
ASIN: B01EB74DFU
Text-to-Speech: Enabled
X-Ray: Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Enabled
Best Sellers Rank: #794,438 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #24 in Kindle Store > Kindle eBooks > Business & Money > Accounting > Governmental #77 in Books > Business & Money > Accounting > Governmental #230 in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Politics & Government > Specific Topics > Labor & Industrial Relations
The author's tone and enjoyable writing style make this an accessible read for those in the know and those who want to know more about GDP. He succeeds in guiding the reader through historical twists and political positioning that have made GDP what it is today and uncovers how GDP came to be the benchmark for growth and why it persists regardless of legitimate criticism.
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