Podcasts about gdp a brief

In The Measure of Progress: Counting What Really Matters, Dame Diane Coyle argues that traditional measures like GDP no longer capture economic realities.Coyle is the Bennett Professor of Public Policy at the University of Cambridge. She is also the director of the Productivity Institute, a fellow of the Office for National Statistics, and a member of the UK's Competition Commission. Drawing on her deep expertise, she proposes an alternative framework for measuring productivity that enables better policymaking.In her conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, she discusses the shortcomings of GDP—such as a lack of accounting for immaterial goods or natural capital, alternative measures of progress, and how corporate leaders should rethink their approach to measurement.Key topics discussed: 01:32 | The shortcomings of GDP as a measure of productivity09:14 | The issues of inflated GDP statements11:12 | Alternative measures of productivity and progress13:47 | A time-based approach to measuring productivity16:39 | How productivity measurement works in practice18:57 | Implications for corporate leadersAdditional inspirations from Diane Coyle:Cogs and Monsters: What Economics Is, and What It Should Be (Princeton University Press, 2021)GDP: A Brief but Affectionate History (Princeton University Press, 2015)The Soulful Science: What Economists Really Do and Why It Matters (Princeton University Press, 2009)Sex, Drugs and Economics: An Unconventional Intro to Economics (Texere, 2002)

The ways that statisticians and governments measure the economy were developed in the 1940s, when the urgent economic problems were entirely different from those of today. Diane Coyle argues that the framework underpinning today's economic statistics is so outdated that it functions as a distorting lens, or even a set of blinkers. When policymakers rely on such an antiquated conceptual tool, how can they measure, understand, and respond with any precision to what is happening in today's digital economy? Coyle argues that to understand the current economy, we need different data collected in a different framework of categories and definitions, and she offers some suggestions about what this would entail. Diane Coyle is a Professor of Public Policy at the University of Cambridge and author of The Soulful Science: What Economists Really Do and Why it Matters and GDP: A Brief but Affectionate History. Her new book is The Measure of Progress: Counting What Really Matters. Read Diane Coyle's new article for Skeptic.

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Daniel Susskind examines the brief and powerful history of economic growth and puts it into perspective with human prosperity in Growth: A History and a Reckoning (Harvard UP, 2024). Susskind acknowledges the tremendous benefits of economic growth, which he credits with freeing billions of people from poverty and allowing us to live longer and healthier lives. He also recognizes the real and substantial costs of our relentless pursuit of growth at the expense of other considerations and moral challenges.  Responding to the degrowth movement, Susskind counters the assumption that simply reducing growth will lead to better outcomes. In particular, Susskind points out that our key measure of growth, GDP, is one imperfect metric that is neither intended nor effective as a proxy for well-being. He recommends a more balanced "dashboard" approach that includes GDP along with other success measures. Reducing our myopic focus on GDP does not mean less growth. Susskind presents an alternate approach, arguing that we should continue to pursue growth through the creative application of new ideas that allow us to use our finite natural resources more effectively and efficiently.  Ideas, he points out, are not a scarce asset but an infinite one; by shifting to focus on new ways of thinking and working Susskind shows how we can continue to pursue the benefits of growth while mitigating the high costs. Book referenced:  GDP: A Brief but Affectionate History by Diane Coyle Recommended reading:  Planting the Oudolf Gardens by Rory Dusoir Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day

Rory Cellan-Jones talks to Matthew Agarwala, Stefan Lamp and Alessio Terzi about the trade-off between economic growth and environmental protection, the policies and legislations needed to achieve green growth, and the challenges associated with implementing such measures.This episode unpacks the possibility of green growth. Leading experts discuss the unsustainability of current growth paths, the need for a new economic model and measures of wealth, and the types of policies needed to deliver both economic growth and environmental protection. This episode is hosted by Rory Cellan-Jones (former technology correspondent for the BBC), and features experts Matthew Agarwala (Bennett Institute), Stefan Lamp (TSE) and Alessio Terzi (Bennett Institute). Listen to this episode on your preferred podcast platformSeason 3 Episode 5 transcriptFor more information about the podcast and the work of the institutes, visit: https://www.bennettinstitute.cam.ac.uk/ and https://www.iast.fr/.Tweet us your thoughts at @BennettInst and @IASToulouse.With thanks to:Audio production by Steve HankeyAssociate production by Stella ErkerVisuals by Tiffany NaylorRelevant links Terzi, A. (2022) ‘Growth for Good: Reshaping Capitalism to Save Humanity from Climate Catastrophe' (Harvard University Press)Coyle, D., Zenghelis, D., Agarwala, M.,  Wdowin, J., Lu, S. and Felici, M. (2019) ‘Measuring wealth, delivering prosperity: The Wealth Economy Project on Natural and Social Capital, Interim Report to LetterOne' (Bennett Institute) Agarwala, M., Cinamon Nair, Y., Cordonier Segger, M.C., Coyle, D., Felici, M., Goodair, B., Leam, R., Lu, S., Manley, A., Wdowin, J., Zenghelis, D. (2020). ‘Building Forward: Investing in a Resilient Recovery. Wealth Economy Report to LetterOne' (Bennett Institute) Diane Coyle. ‘GDP: A Brief but Affectionate History', March 2014, Princeton University Press, revised edition 2015More information about our host and guests:Rory Cellan-Jones was a technology correspondent for the BBC. His 40 years in journalism have seen him take a particular interest in the impact of the internet and digital technology on society and business. @ruskin147Dr Matthew Agarwala is an economist interested in measuring and delivering sustainability, wellbeing, and productivity.  He leads the Bennett Institute's Wealth Economy project, which seeks to transform economic measurement to better reflect sustainability, inequality, and human wellbeing. @MatthewAgarwalaDr Stefan Lamp is a Research Fellow at the Toulouse School of Economics. His research focuses mainly on the ongoing energy transition from a fossil-fuel economy towards renewable energy sources. Dr Alessio Terzi is an Assistant Professor in Public Policy at the Department of Politics and International Studies at the University of Cambridge. He is the author of Growth for Good.

In recent times, the GDP has become less of an economic measure and more of a political tool. Economist Rajeswari Sengupta joins Amit Varma in episode 130 of The Seen and the Unseen to explain what the GDP is, what it is good for, what it is not good for and what the fuss over this figure in India is all about. This episode has immeasurable value. Also check out: Rajeswari Sengupta's writings. GDP – A Brief but Affectionate History -- Diane Coyle Gross Domestic Problem -- Lorenzo Fioramonti The Power of a Single Number -- Philipp Lepenies This episode is powered by Storytel: https://www.storytel.com/in/en/ Use the link storytel.com/ivm to get a 30 day free trial as opposed to a 14 day free trial. You can listen to this show and other awesome shows on the new and improved IVM Podcast App on Android: https://ivm.today/android or iOS: https://ivm.today/ios

Diane Coyle. Diane is founder of Enlightenment Economics , and Bennett Professor of Public Policy at the University of Cambridge. She was recently appointed Commander of the Order of the British Empire (CBE) for "services to Economics and the Public Understanding of Economics". She is also the author of the 2014 book -- GDP A Brief but Affectionate History.

Gross domestic product, or GDP, is the one statistic that almost everyone knows is used to measure economic growth. But in this podcast, economist Diane Coyle suggests GDP may be a poor measure of prosperity. With all the technological advances in recent years one would expect that economies have become more productive. But when measured in GDP the numbers show the opposite is true. Coyle refers to this phenomenon as the productivity puzzle, and says the mismeasurement of digital activities within the economy has a lot to do with it. Coyle is Professor of Economics at the University of Manchester, and spoke at the IMF Statistical forum on Measuring the Digital Economy.   Diane Coyle, Professor of Economics at the University of Manchester, and author of GDP: A Brief but Affectionate History Read her blog The Enlightened Economist

Diane Coyle, professor at the University of Manchester with a PhD in economics from Harvard, is one of the internationally renowned scholars in the debate on how we best define and measure national economies. She has authored a number of books, the latest one titled GDP: A Brief but Affectionate History (Princeton University Press). The book explains why even small changes in GDP can influence major political decisions and determine whether countries can keep borrowing or be thrown into recession. Coyle makes the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods. In this podcast Diane Coyle gives a lecture telling the story about GDP and how we in today’s globalized world must make sure that we get a more truthful picture of long-term economic prospects, with the development of official statistics on national wealth in its broadest sense, including natural and human resources. 

Diane Coyle, author of GDP: A Brief but Affectionate History, talks with EconTalk host Russ Roberts about the history of GDP, its uses, and its abuses. Topics discussed include the origins of GDP in the developed countries, the challenges of measuring the service sector, the challenges of dealing with innovation and product diversity, whether GDP should be supplemented with other measures of human well-being, and the challenges of dealing with internet-based goods that produce a great deal of satisfaction but make a much smaller impact on measured economic activity.

Diane Coyle, author of GDP: A Brief but Affectionate History, talks with EconTalk host Russ Roberts about the history of GDP, its uses, and its abuses. Topics discussed include the origins of GDP in the developed countries, the challenges of measuring the service sector, the challenges of dealing with innovation and product diversity, whether GDP should be supplemented with other measures of human well-being, and the challenges of dealing with internet-based goods that produce a great deal of satisfaction but make a much smaller impact on measured economic activity.