Episode Details
Back to EpisodesEven the Inventor of GDP Statistics Knew Government Spending Was Dubious
Episode 493
Published 1 year, 1 month ago
Description
Patrick Newman joins Bob to discuss one of his talks at the Austrian Economics Research Conference (AERC), where he explained that Simon Kuznets–who developed the method of calculating GNP and GDP statistics–had serious doubts about how to include government expenditures.
- Patrick's Talk at the 2025 AERC: Mises.org/HAP493a
- Rothbard's Man, Economy, and State: Mises.org/HAP493b
- Bob's 2014 Talk on the Great Depression: Mises.org/HAP493c
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