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November 19, 2013 01:39 pm PST

GDP misses out the value of stuff the net makesfree

In the New Yorker, James Surowiecki looks to Erik Brynjolfsson and Andrew McAfee's forthcoming book The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies for a discussion of one of the major problems with using GDP as a means of assessing the economic health of a nation.







Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/6xbsWqgEkeI/story01.htm

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