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GDP: The Number That Rules Nations

A Citizen's Guide to Numbers, Narratives and National Reality
Jacob Francis
Type: Print Book
Genre: Business & Economics
Language: English
Price: ₹638 + shipping
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Description

A growth figure is announced. Within hours it is a headline, a speech, a chart and an argument. But what actually grew?

Not salaries. Not employment. Not household income - not necessarily any of them. GDP is one of the most influential numbers in public life and one of the most misunderstood, and most people are asked to trust it without ever being shown the working.

This book shows the working. It takes you to the statistical release itself and teaches you to read it: what GDP counts and what it leaves out, why nominal and real are different numbers, what happens when the base year changes and the ruler itself moves, how a first estimate becomes a revision - and where the honest line falls between a revision, a disagreement and a manipulation, because the three are not the same thing.

It names no political party anywhere. A claim is tested here against the release it came from; who made the claim changes nothing about whether the arithmetic holds.

Inside:
- The three ways one economy is measured, and why they should agree
- Base years, deflators, proxies and imputations, worked through in plain arithmetic
- Documented cases where countries really did falsify the numbers, and how it was caught
- How to download the official data and rebuild the headline yourself
- What GDP leaves out: inequality, unpaid work, natural capital, wellbeing
- Guided practice throughout, with worked solutions, a formula sheet, a source directory and a glossary

34 chapters, a bonus chapter and five appendices - an evidence-based guide for citizens.

About the Author

Jacob Francis writes and publishes through aiGodess, where he builds teaching material on artificial intelligence, cyber security, examinations and economics for readers with no technical background. He is not an economist, and this book does not pretend otherwise: what it does instead is go to the releases - the quarterly and annual national-account statements, the base-revision press notes, the methodology discussion papers, the international standards - and read them. Where a figure could not be checked against the release it came from, the book says so on the page rather than borrowing the confidence of a source it had not opened.

Book Details

Publisher: aiGodess Publications
Number of Pages: 635
Dimensions: 6"x9"
Interior Pages: B&W
Binding: Paperback (Perfect Binding)
Availability: In Stock (Print on Demand)

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