The Little Big Number: How GDP Came to Rule the World and What to Do about It

Author:   Dirk Philipsen
Publisher:   Princeton University Press
ISBN:  

9780691175935


Pages:   416
Publication Date:   02 May 2017
Format:   Paperback
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

Our Price $34.99 Quantity:  
Add to Cart

Share |

The Little Big Number: How GDP Came to Rule the World and What to Do about It


Add your own review!

Overview

Full Product Details

Author:   Dirk Philipsen
Publisher:   Princeton University Press
Imprint:   Princeton University Press
Dimensions:   Width: 15.20cm , Height: 2.50cm , Length: 23.50cm
Weight:   0.539kg
ISBN:  

9780691175935


ISBN 10:   0691175934
Pages:   416
Publication Date:   02 May 2017
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.
Language:   English

Table of Contents

"Acknowledgments vii Introduction: We Become What We Measure 1 Casting a Spell 9 Exploring a Path 13 1. More, Better, Faster: The Beginnings 19 Productivity, Growth, and Success 20 Goals and Measures 27 Values and Measures 32 2. The Origins of Bling: The Spirit of Economic Growth 40 The World of Growth: Refining the Measure 52 Business Accounting Goes National 57 3. The Crucible of Crisis: The Great Depression and the Need for Economic Indicators 65 4. Born from Disaster: The Making of a Key Measure 83 The Challenge 84 The Players 89 The Method 93 The Findings 99 The Big Conundrum: Translating Findings into Action 102 5. Forged in War 107 6. Global Domination: The Age of GDP 117 For Richer or Poorer 117 A Stunted Priesthood 121 Stopgap Consensus 123 Going Global 128 New Rules 130 GDP Junkies 133 Shackled in Fool's Gold 139 7. Today's ABC of GDP 143 It's an Emperor, but Does It Have Clothes? 152 Why It Matters 157 8. More Is Not Enough 160 The Little Big Number: Our Report Card for Success 174 Emerging Dissent 178 9. ""The People of Plenty Are a People of Waste"" 184 Breaking the Spell 204 10. From Alchemy to Reason: What If? A Thought Experiment 208 Mental Cobwebs 219 One More Time: Simon Kuznets 230 Clearing a Path 236 11. Looking Forward 243 A Daring Vision 250 A Moment of Possibility 265 Appendix A. The Measure as Guide 271 Notes 277 Bibliography 351 Index 389"

Reviews

Its cautionary story of the creation of GNP accounting is eye-opening, and well told. The list of ways that GDP could be improved, even as a measure of production . . . all provoke thought. The book easily could be used as a directory of research criticizing GDP. --Donald Frey, EH.Net This book nicely summarizes the many critiques of GDP. Philipsen's knowledge of economic theory, statistics, econometric accounting, and history is impressive. --Stephen Macekura, American Historical Review [A] provocative and insightful book. . . . The book stands on its own as a piece of economic history, but also serves as an important call for social change. --Alex Mitchell, Consumption Markets & Culture Dirk Philipsen's The Little Big Number, couldn't have come at a better time. --Douglas Beal, Huffington Post [Philipsen's] call for a dialogue about setting new goals--sustainability, equity, democratic accountability, and economic viability--should command our attention. . . . It won't be easy. But Philipsen is surely right that no task is more important. --Glenn C. Altschuler, Huffington Post Some efforts are already underway, most notably the `Beyond GDP' initiative by the European Commission, but much remains to be done. Philipsen's book is a clarion call. --Seeking Alpha [The Little Big Number] takes the anti-GDP case even further. . . . Philipsen argues that not only is GDP a flawed statistic in need of replacing--but the whole notion of open-ended economic growth needs to go, too. --Kevin Hartnett, Boston Globe Comprehensive and readable. . . . Philipsen is motivated by a profound dissatisfaction with the dominance of growth in the national economic agenda, and with the way in which GDP. . . has become a goal rather than simply a measuring tool. . . . [I]n the end the policies he advocates may indeed prevail, and our fixation on growth in GDP as the sole indicator of human happiness may at last be laid to rest. --David Throsby, Times Literary Supplement [Philipsen] is not the first to question the utility of GDP estimates, but he may be the most exasperated. His comprehensive history. . . compares GDP to any number of villains in order to make tangible the number's many flaws. . . . He is keyed into how a culture that once burgeoned can implode, and he is anxious about ours. --Katy Lederer, New Yorker


[Philipsen] is not the first to question the utility of GDP estimates, but he may be the most exasperated. His comprehensive history... compares GDP to any number of villains in order to make tangible the number's many flaws... He is keyed into how a culture that once burgeoned can implode, and he is anxious about ours. --Katy Lederer, New Yorker Comprehensive and readable... Philipsen is motivated by a profound dissatisfaction with the dominance of growth in the national economic agenda, and with the way in which GDP... has become a goal rather than simply a measuring tool... [I]n the end the policies he advocates may indeed prevail, and our fixation on growth in GDP as the sole indicator of human happiness may at last be laid to rest. --David Throsby, Times Literary Supplement [The Little Big Number] takes the anti-GDP case even further... Philipsen argues that not only is GDP a flawed statistic in need of replacing--but the whole notion of open-ended economic growth needs to go, too. --Kevin Hartnett, Boston Globe Some efforts are already underway, most notably the 'Beyond GDP' initiative by the European Commission, but much remains to be done. Philipsen's book is a clarion call. --Seeking Alpha [Philipsen's] call for a dialogue about setting new goals--sustainability, equity, democratic accountability, and economic viability--should command our attention... It won't be easy. But Philipsen is surely right that no task is more important. --Glenn C. Altschuler, Huffington Post Dirk Philipsen's The Little Big Number, couldn't have come at a better time. --Douglas Beal, Huffington Post [A] provocative and insightful book... The book stands on its own as a piece of economic history, but also serves as an important call for social change. --Alex Mitchell, Consumption Markets & Culture This book nicely summarizes the many critiques of GDP. Philipsen's knowledge of economic theory, statistics, econometric accounting, and history is impressive. --Stephen Macekura, American Historical Review Its cautionary story of the creation of GNP accounting is eye-opening, and well told. The list of ways that GDP could be improved, even as a measure of production ... all provoke thought. The book easily could be used as a directory of research criticizing GDP. --Donald Frey, EH.Net


Author Information

Dirk Philipsen is a German- and American-trained professor of economic history at the Sanford School of Public Policy and a senior fellow at the Kenan Institute for Ethics, both at Duke University.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List