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Power of a Single Number
A Political History of GDP
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Artikel-Nr:
9780231175104
Veröffentl:
2016
Seiten:
192
Autor:
Philipp Lepenies
Gewicht:
373 g
Format:
219x140x19 mm
Sprache:
Englisch
Beschreibung:
Philipp Lepenies is guest professor for social science at the Free University of Berlin. His research focuses on the success of economic ideas and concepts in politics. He is also the author of Art, Politics, and Development: How Linear Perspective Shaped Policies in the Western World (2013).
Locating the origins of GDP measurements in Renaissance England, Lepenies explores the social and political factors that originally hindered its use. Not until the early 1900s did an ingenuous lone-wolf economist revive and hone GDP's statistical approach. These ideas were then extended by John Maynard Keynes in the early twentieth century, and a more focused study of national income was born. American economists furthered this work by emphasizing GDP's ties to social well-being, setting the stage for its ascent. GDP finally achieved its singular status during World War II, assuming the importance it retains today. Lepenies's absorbing account helps us understand the personalities and popular events that propelled GDP to dominance, clarifying current debates over the wisdom of the number's rule.
Introduction1. What It's All About: A Short Primer on GDP2. William Petty and Political Arithmetic: The Origins of GDP3. The Frustrations of Colin Clark: England4. Simon Kuznets and the Politics of Gross National Product: The United States5. War, Kidnapping, and Data Theft: Germany6. The Ultimate Triumph of Gross National ProductConclusionNotesIndex