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make the reporting incomprehensible to politicians and the public, who need to see the broader view

Translation: need to be kept out of the inner sanctum of knowledge where only the initiates must be allowed thread.

The whole fucking problem is that politicians and the public are only superficially engaged with the bloody economic debate.

by Colman (colman at eurotrib.com) on Tue Nov 20th, 2007 at 09:17:05 AM EST
To expand that: GDP is a lie that makes it seem as if there is a simple way to measure what's going on.
by Colman (colman at eurotrib.com) on Tue Nov 20th, 2007 at 09:22:51 AM EST
[ Parent ]
True. Most of the participants don't see any of the problems of the GDP measure in terms of accuracy, comparability, etc. There were a few (one certain, one I more or less assume) exceptions. But overall, the criticism of GDP on this conference ranged from 'it does not tell us everything we want to know' to 'it does not tell us most of what we want to know', without any focus on the actual problems of the measure (as opposed to the effects of the use of the measure, which is widely criticised).
by nanne (zwaerdenmaecker@gmail.com) on Tue Nov 20th, 2007 at 11:04:02 AM EST
[ Parent ]
by findmeaDoorIntoSummer on Tue Nov 20th, 2007 at 07:53:57 PM EST
[ Parent ]


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