Gross national product balance of trade unemployment inflation and consumer confidence guide our actions yet few of us know where these numbers come from what they mean or why they rule our world in the leading indicators zachary karabell tells the fascinating history of these indicators they were invented in the mid twentieth century to address the urgent challenges of the great depression world war ii and the cold war they were rough measures designed to give clarity in a . The leading indicators a short history of the numbers that ruled our world is a must read book for anyone who is concerned about the economy karabell addresses concerns regarding the methodolgy statisticians use to quantify the economy often statisticians calculations do not gauge the experience of people and businesses karabell is a brilliant writer and outstanding researcher before reading this. The leading indicators shape our lives intimately but few of us know where these numbers come from what they mean or why they rule the world gdp inflation unemployment trade and a host of. The leading indicators was widely and well received as a much needed corrective to the outdated outmoded economic figures we are accustomed every day we are bombarded with numbers that tell us how we are doing whether the economy is growing or shrinking whether the future looks bright or dim. Get this from a library the leading indicators a short history of the numbers that rule our world zachary karabell a history and critical assessment of leading indicators reveals their indelible impact on the economy public policy and other critical decisions discussing their shortcomings while making
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