Official economic statistics are poorly defined, imprecise, and incite envy and pernicious policy. Economists lament their decreasing availability, but this trend may turn out to be good for peoples pocketbooks and peace of mind.
Robert Higgs is Retired Senior Fellow in Political Economy, Founding Editor and former Editor at Large of The Independent Review.
Other Independent Review articles by Robert Higgs | ||
Fall 2019 | Pressure-Release Valves in Participatory Fascism | |
Winter 2018/19 | Two Worlds: Politics and Everything Else | |
Fall 2018 | Against the Whole Concept and Construction of the Balance of International Payments | |
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